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african continental free trade area

2017 : A Continental Free Trade Area in Africa?

Under the aegis of the African Union, the 54 states will set up a "Schengen-like" borderless area in 2017 to boost trade. Negotiations for the establishment of a Continental Free Trade Area (CFTA) in Africa were formally launched in June 2015 at the African Union Summit in Johannesburg. A year later, a boost seems to be given to the project, although the project exists since the signing in 1991 of the Treaty of Abuja.

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