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On the 1st of January, 2021, the African Free Trade Zone came into effect.
54 African countries kicked off the African Free Trade Zone.
A free trade zone is a class of special economic zone, a duty free Area where a group of countries reduce or eliminate trade barriers.
#Africa
54 African countries kicked off the African Free Trade Zone.
A free trade zone is a class of special economic zone, a duty free Area where a group of countries reduce or eliminate trade barriers.
#Africa
Fun Facts About the AFRZ
**It is the world's largest free trade zone
**It has been said that it will lift about 30 million Africans out of extreme poverty.
** It will greatly Transform the economy of Africa
** Will reduce importation from other continents
#Africa
**It is the world's largest free trade zone
**It has been said that it will lift about 30 million Africans out of extreme poverty.
** It will greatly Transform the economy of Africa
** Will reduce importation from other continents
#Africa
** Increase exportation to other continents
**Improve trade amongst African countries.
#Africa #uganda #AfricasGlobalBank
#ngoziokonjoiweala #WTODG #WTO
**Improve trade amongst African countries.
#Africa #uganda #AfricasGlobalBank
#ngoziokonjoiweala #WTODG #WTO
