OVERVIEW : Paper _ Implications of External Trade and Investments Agreements on CFTA
The purpose of this paper is to provide an overview of the interaction between Africa’s main external trade arrangements(EPA, AGOA) and the CFTA.
Section A provides an overview of EU trade agreements with Africa and their implications for Africa. Exportoriented industries are likely to benefit or at least stay competitive in the EU market, but various local industriescould be negativelyaffected as a result of the implementationof the EPA.
Subsequently, Section B provides an overview of US trade arrangements with Africa and discusses US trade and investmentpolicy with Africa.
SectionC discussesinteractionsbetween EU and US trade arrangementsand the CFTA.
SectionD concludes with some recommendations.
OVERVIEW : Paper _ Private Sector in CFTA negotiations and Implementation
Section A of this paper describes the state of play of Continental FTA (CFTA) negotiations and possible contours of a deal by the next AU Summit in January 2018. It shows that negotiators have done a lot of work but Phase 1 of the CFTA which focuses on trade in goods has not been fully completed. Thus, the CFTA negotiations remains an on-going process which provides a lot of room for business advocacy .Furthermore, the negotiation mandate for Phase 2 of the CFTA negotiations, which might contain issues of investment policy,e-commerce competitionpolicy,services liberalisationand regulation,has not yet been agreed.
Section B discusses the possible role of the private sector in the CFTA negotiations and implementation. In 2012, Heads of State agreed to the need to immediately establish regular formal platforms for organized private sector for trade policy dialogue, including at the level of African Union. In policy papers leading up to the CFTA negotiations, the African Union Commission had proposed an African Business Council as part of the institutional structure of the CFTA. However none of these decisions or proposals have been implemented and the current draft CFTA text does not contain references to organized private sector nor does not seem to recognize business as a vital partner/stakeholder in the CFTA. Yet, models from other regions suggest that business should be given a formal place in the institutional structure of the AU or CFTA, while at the same time leaving it to business to self-organize themselves. Examples discussed include the ASEAN Business Advisory Council (BAC), MERCOSUR Economic-Social Consultative Forum, Andean Business Advisory Council and the Business 20 (B20).
Finally, Section C provides some recommendations for increasing private sector participation in the negotiationand implementationof the CFTA.
- Implications of External Trade and Investment Agreements on the CFTA (160 Downloads)
- Private sector investment agreements on the CFTA (145 Downloads)