Twenty-five years after its creation (as a successor to the GATT [General Agreement on Tariffs and Trade], 1947-1995), and following many years of paralysis, the stakes for reform are high. This is particularly evident during the post Covid-19 recovery period, as the pandemic exposes the structural vulnerabilities of globalised economies.
The current policy brief lays out the obstacles to both AfCFTA implementation and realisation of its full economic potential. It also explores how the EU can engage in providing targeted support and how to strengthen AfCFTA-related cooperation between Africa and the EU. The analysis and recommendations draw on a review of the literature and policy documents by the German Development Institute (DIE), the African Center for Economic Transformation (ACET) and the European Centre for Development Policy Management (ECDPM), as well as two online expert seminars on 17 and 24 June 2020.
The global Covid-19 pandemic has had an enormous impact on trade across the world. Value chains and trade have slowed down, or even been brought to a halt, via several channels. This paper investigates the impacts of the pandemic on trade and value chains in Africa, with a special focus on Ethiopia and Kenya. It also makes specific policy recommendations regarding the African Continental Free Trade Area Agreement in the light of Covid-19.
In this ‘Agenda for Europe in the World’, we share concrete proposals for the new EU leadership, focusing on nine key domains where the EU can make a difference.
With a view to he upcoming AU Summit on 1-2 July in Nouakchott, Geert Laporte (ECDPM) examines the negotiating mandate of the ACP group.