Business
Larger Africa free trade deal nearing reality
Masina said Africa could not just export goods to other continents as it had more than enough bargaining power to ensure its wealth and minerals were traded first among its countries before it was offered to the rest of the world.
Consensus
He said while there was a general agreement among AU member states that the continental trade was an imperative, the continent was busy working on harmonizing its internal legislative processes so that each country could benefit from the deal.
“We are almost there so in the next two years or so we should be able to scrape through all the legislative issues so that we are ready for the signing of the continental free trade area,” said Masina.
“In the next 10 years we are going to escalate the work that we do in the continent so that we have got new markets, so that is why we need to address the concerns because we have to have space where we can move our goods and services.”
Source: Business Report
