Prof Abotsi Says AfCFTA Implementation Risks Political, Economic Setbacks

Professor Ernest Abotsi, Dean, University of Professional Studies Accra (UPSA) Law School, says political and economic ills could derail optimal implementation of the

African Continental Free Trade Area (AfCFTA).

Notable among them include restrictions on human movement and goods, corruption, lack of infrastructure, Bilateral Investment Treaties (BIT) and Bilateral Trade Agreements (BTAs), and remedies for breaches of rights of members.
When fully implemented, the pact would connect about 1.3 billion people across 54 African countries through a single market for goods and services, making it the world’s largest free trade area.

However, Prof Abotsi noted that such political and economic challenges could be a major drawback to the full realisation of the benefits of the free trade agreement, expected to create inclusive and sustainable development in Africa.

Speaking at a public lecture in Accra on Tuesday evening, he said: “A critical issue to be tackled without further delay for future success of the regime is the need for the removal of all barriers impeding free movement of goods, services, and persons.”

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