Economic Development in Africa Report 2019
Author | : United Nations Publications |
Publisher | : |
Total Pages | : 236 |
Release | : 2019-08-16 |
Genre | : Business & Economics |
ISBN | : 9789211129434 |
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The advent of the African Continental Free Trade Area (AfCFTA) represents a historic opportunity for the continent to boost intra-African trade and accelerate structural transformation. However, this relies on a critical policy instrument: the effective implementation of preferential trade liberalisation among the AfCFTA members. Whether in practice African firms will utilize tariff preferences under the AfCFTA depends on a critical factor: rules of origin (RoO) and the net benefits of complying with them. The Economic Development in Africa Report 2019 argues for the adoption of flexible RoO and a strengthening of institutional capacities to ensure an impartial, transparent, predictable, consistent and neutral implementation of agreed rules of origin