Original title: The official launch of the African Free Trade Area is expected to enhance Africa’s development resilience
On January 1, 2021, the African continentfree tradeThe regional free trade launch ceremony was held online, marking the official launch of the African Free Trade Area. Analysts believe that although the construction of the African Free Trade Area faces many challenges, it highlights the determination of African countries to promote economic transformation and is expected to enhance Africa’s development resilience.
United Nations DeputysecretaryDirector Amina Mohammed delivered a speech at the launching ceremony that day, saying that the African Free Trade Area will achieve sustainable development for Africa’s return.aimsThe track created an opportunity.
According to relevant agreements, starting from January 1, 2021, members of the African Free Trade Area will followproductThe categories and respective conditions will gradually eliminate the tariffs on goods other than the exception products. The official website of the Free Trade Zone and the supporting data monitoring platform have been launched, and the African Free Trade Zone Secretariat in Accra, the capital of Ghana, has also been launched.
On July 7, 2019, the African Free Trade Area was officially announced, but due to the new crown epidemic and other reasons, the African continentFree trade agreementIt failed to be officially implemented on July 1, 2020 as originally planned.So far, 54 of the 55 members of the African Union have signed the African Continental Free Trade Framework Agreement, and 34 members have completedcostChina’s relevant legal procedures and become a full member of the Free Trade Zone.
Analysts said that after the official launch of the African Free Trade Area, the follow-up construction will face many challenges, such as the economicThe level of developmentLarge gaps, lack of professionals, insufficient infrastructure, as well as the impact of the epidemic, political turmoil and security issues. Due to the coexistence of the African Free Trade Area and African subregional organizations, the degree of integration is not synchronized, and the effectiveness of the Free Trade Agreement may also be weakened.
However, experts pointed out that in the long run, the African Free Trade Area is expected to accelerate the promotion of intra-regional trade exchanges and createEmploymentOpportunity to enhance foreign businessmeninvestmentAppeal.worldbankReleased in July 2020reportIt is pointed out that if the African Free Trade Area is fully implemented, Africa will receive nearly 450 billion yuan by 2035.USDActual benefits.By 2035, the totalExportThe volume will increase by nearly 29%, of which intracontinental exports will increase by more than 81%, and exports to countries outside Africa will increase by 19%.
Amina Mohamed said that the African Free Trade Area is expected to enable African countriesindustryProduct trade increased by 25% to 30%, boosting AfricaindustrializationThe process will help African economies achieve sustainable recovery while responding to the epidemic.
The launch of the African Free Trade Area once again demonstrated the determination of the African continent to promote economic transformation and control its own destiny. The rotating chairman of the African Union and the President of South Africa, Ramaphosa, recently publicly stated that the official launch of the African Free Trade Area is one of the most important milestones in the process of African integration, and it is also a time for Africa to show the world that “Africa takes its destiny in its own hands.” The loudest statement.
The Secretary General of the Secretariat of the African Free Trade Area, Mene pointed out that AfricaForeign tradeOver-reliance on primaryProductFor export, Africa must actively promote the construction of the African Free Trade Area to realize the fundamental structural transformation of the African economy.
The African Free Trade Area may also bring new opportunities for China-Africa economic and trade cooperation.RwandaEconomic AnalysisTeddy Kaberuka believes that the African Free Trade Area will help Rwanda expandmarket, Attracting more Chinese investors to enter the localmanufacturing。
Chinese Development in AfricabankAdvisor Bu YuacceptIn an interview, a reporter from Xinhua News Agency said that as the African Free Trade Zone begins to officially operate, China can promote trade through investment and promote the processing of African agricultural and mineral products, home appliances, textiles, medicine, etc.industryDevelopment to help build “Made in Africa”.
(Article Source:Xinhuanet）
(Editor in charge: DF407)
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