State paves way for preferential trade in Africa under AfCFTA
Move aims to ensure a co-ordinated multi-agency effort between the government and stakeholders
14 October 2024 - 05:00
The department of trade, industry & competition is establishing a government-wide implementation committee to ensure the effective enactment of preferential intra-Africa trade under the African Continental Free Trade Area (AfCFTA).
SA ratified the AfCFTA in 2019 and began trading with 12 African countries under the preferential regime in January, beginning with Kenya and Ghana. SA is the first among the four Southern African Customs Union countries to launch preferential trade exports under the AfCFTA’s second Guided Trade Initiative (GTI)...
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