Assessment of interface between ‘the African Continental Free Trade Area and Regional Economic Communities’ in Africa
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Date
2023-07
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AAU
Abstract
AU member states established the AfCFTA to unite all the African countries under a single
continental market and increase intra-African trade. In order to boost trade between African
states, assist sustainable economic development, and promote integration among them, the
AfCFTA aims to address the challenges of multiple and overlapping memberships in regional
economic communities. Achieving the goal of African trade integration requires strong support
from all African countries, coordination and collaboration between various economic groups,
and a comprehensive legal framework to strengthen AfCFTA's relationships with REAs.
Therefore, this study examines the interface between AfCFTA and RECs, analyzes the specific
provisions envisaged for the governance of AfCFTA and RECs in the AfCFTA agreement,
whether the current legal framework is sufficient to regulate their relationship, and the issue
related to the regulation of the AfCFTA interface with regional economic communities and how
the problem is addressed.
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Keywords
Assessment of interface between African, Continental Free Trade Area,Regional Economic Communities’ in Africa