Monday, March 2, 2020

High Tariffs Not Good For The African Continental Free Trade Area.




Kampala.

The coming into effect of the African Continental Free Trade Area (AfCFTA) creates a single domestic market for goods and services of 1.2billion people. 

This will have a big impact on manufacturing, tourism, intra-African cooperation, and economic transformation.


However, the immense potential of the AfCFTA will only be realized if tariffs are significantly reduced or totally eliminated. Damali Ssali, Trade Development Expert – Trademark East Africa gives her take on this.

Non-Tariff Barriers (NTBs) must also be firmly addressed. 

Watch Damali Ssali's interview with NTV Money and Markets crew below.



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