November 10, 2009

Africa blocs draft giant free trade roadmap

from REUTERS Africa. The roadmap would bring together 26 states, from South Africa to Egypt.


"Three African trade blocs that have agreed to form a free trade area covering more than half a billion people created a long overdue roadmap on Monday.
The Southern African Development Community (SADC), East African Community (EAC) and Common Market for Eastern and Southern Africa (Comesa) agreed to the plan in October 2008, but the roadmap was due to have been completed six months later.
"Almost half of Africa is part of this grand free trade area," EAC Secretary-General Juma Mwapachu told reporters after a meeting of trade bloc officials in Dar es Salaam, Tanzania.
He said the unpublished roadmap was a major achievement".

read the article:
http://af.reuters.com/article/investingNews/idAFJOE5A80PU20091109?pageNumber=1&virtualBrandChannel=0

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