Botswana’s transport, logistics sector’s preparedness for the AfCFTA :: Mmegi Online

The African Continental Free Trade Area (AfCFTA) Agreement which was signed in Kigali in May 2019 is a highly welcomed development which is expected to ultimately bring positive developments to international trade growth for all the countries involved.

Regional Free Trade Areas (FTAs) are welcomed innovative initiatives that entice all sectors of the economy. This is caused by the perception or the anticipation of better business opportunities brought about by access to bigger markets.

Industries often ululate whenever new agreements on trade facilitation and regional integration are signed. Although it was well noted that there will be challenges in the implementation of the currently signed AfCFTA, one can assume that these challenges are not unique to the AfCFTA but cut across implementation of most Regional FTA agreements.

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