Subject (Course): The Action Plan for Boosting Intra-African Trade. Syllabus:
This subject consists of two parts:
1- Introduction to Intra-African Trade.
Action Plan for Boosting Intra-African Trade (the Economic Commission for Africa and the African Union).
Sample of the subject: Intra-African Trade:
Subject Description (Plan for Boosting Intra-African Trade).
The main objective of the Action Plan for Boosting Intra-African trade is to reach 25% of intra-African trade (currently, is 10% - 13%) through the regional integration.
The final aim is to create a continental market (African Common Market): African Continental Free Trade Area (CFTA)
The Action Plan for Boosting Intra-African Trade identifies several obstacles to intra-African trade (Diversification of exports, Lack of infrastructures, trade barriers, cross-border trade, customs)
One of the troubles of intra-African trade is the long delay of Customs in Africa (12 days), to high compared by example with Central Asia (6 days).
Near 80% of African exports are exported out of Africa.
The development of National Single Windows is a key factor to improve intra-African trade.
Regional Economic Communities (REC), like COMESA (Common Market for Eastern and Southern Africa), EAC (East African Community), SADC (Southern African Development Community), IGAD (Intergovernmental Authority on Development), ECOWAS (Economic Community of West African States), CEN-SAD, ECCAS (Economic Community of Central African States) or the Arab Maghreb Union are the key pillar of this vision according the Treaty of Abuja (African Economic Community).
The Regional Economic Communities are working in free trade areas, customs union, common markets and economic and monetary unions.
The Economic Commission for Africa and the African Union are the promoters of this ambitious plan.