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Africa agrees deal for Continental Free Trade Area
The leaders of 44 African countries have signed a deal to create one of the world's largest free trade blocs.
...
It is hoped the deal will come into force within six months, and increase prosperity for 1.2 billion Africans.
But 10 countries, including Nigeria, have refused to sign the deal, and it will need to be ratified by all the signatories' national parliaments before the bloc becomes a reality.
The African Continental Free Trade Area (CFTA) would remove barriers to trade, like tariffs and import quotas, allowing the free flow of goods and services between its members.
http://www.bbc.co.uk/news/world-africa-43489255
...
It is hoped the deal will come into force within six months, and increase prosperity for 1.2 billion Africans.
But 10 countries, including Nigeria, have refused to sign the deal, and it will need to be ratified by all the signatories' national parliaments before the bloc becomes a reality.
The African Continental Free Trade Area (CFTA) would remove barriers to trade, like tariffs and import quotas, allowing the free flow of goods and services between its members.
http://www.bbc.co.uk/news/world-africa-43489255
