AFTZ meaning in Regional ?

Regional Miscellaneous in Regional 10 months ago

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What is African Free Trade Zone mean?

The African Free Trade Zone (AFTZ) is a free trade zone announced at the EAC-SADC-COMESA Summit on 22 October 2008 by the heads of Southern African Development Community (SADC), the Common Market for Eastern and Southern Africa (COMESA) and the East African Community (EAC). The African Free Trade Zone is also referred to as the African Free Trade Area in some official documents and press releases.

In May 2012 the idea was extended to also include ECOWAS, ECCAS and AMU.

In June 2015, at the African Union Summit in South Africa, negotiations were launched to create a Continental Free Trade Area (CFTA) with all 55 African Union states by 2017.

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Posted on 17 Dec 2024, this text provides information on Regional related to Miscellaneous in Regional. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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