Prospects and Challenges of Membership to African Continental Free Trade Area on Trade in Goods and Services: The Case of Ethiopia

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Date

2020-05

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Addis Ababa University

Abstract

The signing of the Agreement Establishing the AfCFTA in Kigali on 21 March 2018 is a great achievement for the continent’s trade integration. The implementation of this agreement has prospects and challenges for the continent and for each State Party to the Agreement. Ethiopia has signed the Agreement on the 21st day of March, 2018 and the FDRE House of Peoples Representatives has ratified the Agreement at its session held on the 21st day of March, 2019.In this regard, the prospects and challenges as well as the defensive and offensive interests of membership of Ethiopia to AfCFTA must be examined very well to use the potential benefits and minimize the possible challenges. Hence, the paper critically examine the prospects and challenges and identifies the defensive and offensive interests of membership of Ethiopia to AfCFTA in relation to the Protocol on Trade in Goods and the Protocol on Trade in Services.

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