African leaders signed Wednesday a 26-nation free trade pact to create a common market that would span half the continent from Cairo to Cape Town.
The Tripartite Free Trade Area (TFTA) deal, which must still be fine-tuned and ratified, caps five years of talks to set up a framework for preferential tariffs to ease the movement of goods in an area home to 625 million people.
Analysts say it could have an enormous impact on African economies, which account for only about two percent of global trade despite strong growth.
Continue reading at: Yahoo News
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