South Africa remains positive about the beneficial impact the much-touted African Continental Free Trade Area (AfCTFA) will eventually have on trade, a DTIC executive has told Freight News Features.
According to Niki Kruger, chief director of trade negotiations at the Department of Trade, Industry and Competition, discussions around AfCFTA have dragged on for longer than anticipated.
However, it is hoped that deadlines set for the end of the year will result in tangible results that will help facilitate and streamline trade.
For the time being traders agree that nothing much – if anything at all – has changed at ground level.
Kruger said despite the negotiations not being completed, South Africa remained positive about the agreement and the impact it would have.
“South Africa has always seen the AfCTFA contributing to African economies – not just unlocking the markets, but also intra-African investment flows.”
For the full article in this week’s Freight News Cross-Border feature read this: https://tinyurl.com/3vzjm8ny