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Free Trade Area
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  • Africa’s New Tripartite Free Trade Area
  • The trade deal is set to eliminate tariffs on 100 per cent of goods, stimulating economic growth, industrialisation, and sustainable development.
  • Regional officials believe that the TFTA could accelerate this trend by further stimulating intra-regional trade.

Trade facilitators and experts in Africa have cautiously welcomed the recently signed Tripartite Free Trade Area (TFTA) that brings together three trading blocs in East and Southern Africa, saying it is meaningless without a security protocol.

According to experts from TradeMark East Africa and East Africa Business Community (EABC), although the inter-regional deal that came into force on July 25 has an Annex on cooperation on customs trade matters and general