SA fully supported the African Continental Free Trade Area (AfCFTA) and did not sign the agreement about it only for technical reasons, Trade and Industry Minister Rob Davies said on Monday. There are prescribed domestic processes for the signing of international agreements. “SA is very much part of this process. We are not holding back. We don’t have reservations or differences,” Davies said. He noted that SA had actively participated in the preparation and negotiations of the AfCFTA, which was launched in Kigali, Rwanda, on March 21. Davies said SA had no real problems with the content of the AfCFTA, although it still had to be fleshed out. SA has signed a declaration committing itself to the process to establish the AfCFTA, the largest in the world, incorporating 1-billion people. The AfCFTA will remove barriers to trade such as tariffs and import duties and allow the free flow of goods and services between member states. It is regarded as the foundation for the continent’s econo...
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