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The SADC Free Trade Area was established in August 2008, after the implementation of the SADC Protocol on Trade in 2000 laid the foundation for its formation. [ 23 ] [ 24 ] Its original members were Botswana , Lesotho , Madagascar , Mauritius , Mozambique , Namibia , South Africa , Eswatini , Tanzania , Zambia and Zimbabwe , [ 25 ] with Malawi ...
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The African Free Trade Zone (AFTZ) is a free trade zone announced at the EAC-SADC-COMESA Summit on 22 October 2008 by the heads of Southern African Development Community (SADC), the Common Market for Eastern and Southern Africa (COMESA) and the East African Community (EAC).
Map of Africa showing the member nations of the Southern African Development Community (SADC). Nations that are members of SADC and the Southern African Customs Union (SACU) are coloured dark green, while those that are members of SADC only are coloured light green. Date: 20 November 2011, 13:16 (UTC) Source: BlankMap-Africa.svg; Author
The TFTA is intended to enhance the framework of the African Continental Free Trade Area (AfCFTA) which has the vision of bringing all 54 member states of the African Union into one single market. The TFTA is also an AfCFTA, which means that it works towards a greater purpose of boosting trade within Africa, increasing industrial development ...
The Regional Economic Communities (RECs) in Africa group together individual countries in subregions for the purposes of achieving greater economic integration. They are described as the "building blocks" of the African Union and are also central to the strategy for implementing the African Development Development Agency (AUDA-NEPAD).
Stage 4: In March 2018, 49 African countries signed the African Continental Free Trade Agreement paving the way for a continent-wide free trade area. The continental free trade area became operational in July 2019, after 22 ratifications. [3] [4] As of 2021, 34 signatories have effectively become parties of the treaty. Stage 5: no progress yet
SADC may refer to: Southern African Development Community, successor to the Southern African Development Coordination Conference (SADCC) South American Defense Council;