Tune-In :: Textile Universe News
22 May 2018
G20: free-trade area for Africa proposed by UK and South Africa

A free trade area for Africa, to help the impoverished continent match the spectacular growth of Far East economies, emerged as a distinctive British initiative at the G20 summit in Seoul. The anti-poverty strategy, which is partly the brainchild of former Labour minister turned G20 adviser Baroness Vadera, has been developed with Jacob Zuma, the president of South Africa.

There are currently three distinct free trade areas within Africa, but a meeting in January of the continent's major powers is designed to create a single free trade entity spanning 26 countries.

This zone will create new possibilities for intra trade.

For details, please visit guardian.co.uk


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