Albert Muchanga the African Union Commissioner for Trade and Industry upon hearing the news twitted; “Good news! The Parliament of The Gambia has APPROVED ratification of #AfCFTA Agreement making us meet the minimum threshold. “The AfCFTA market is being born and is one step ready for launch of its operational phase in July this year.
It is believed that the AfCFTA will bring together all 55 member states of the African Union covering a market of more than 1.2 billion people, including a growing middle class, and a combined gross domestic product (GDP) of more than US$3.4 trillion. Besides, in terms of numbers of participating countries, the AfCFTA will be the world’s largest free trade area since the formation of the World Trade Organization.
Furthermore, the monumental objectives of the said AfCFTA are to create a single continental market for goods and services, with free movement of business persons and investments, and thus pave the way for accelerating the establishment of the Customs Union for a better Africa we want.
Saidina Alieu Jarjou
Blogger /Political Activist