Intra-African trade is currently only 16%, compared to 19% in Latin America, 51% in Asia, 54% in North America and 70% in Europe. Hartzenberg expects some of the 11 Holdout countries to sign the agreement at the next AU summit in June 2018. It advises countries to “sign up to rules-based governance. They must meet their commitments consistently and if they do not, there should be consequences for these countries. This means that dispute resolution is an essential part of the rules-based AfCFTA. The world`s largest free trade area since the World Trade Organization has moved closer to reality. In Kigali, Rwanda, where the Framework Protocol was signed last March, African heads of state and government were optimistic. Essentially, the requirements for successful Control of Covid-19 by African countries mean that if the pandemic were to continue until 1 July 2020, the afCFTA trade launch date could inevitably be postponed or suspended until further notice. This is due to the fact that the fight against the virus may lead to a restriction of international trade contrary to the principles of the AfCFTA agreement. However, African countries have the opportunity to focus more on the production and trade of essential and medical goods, creating a market for them if Covid-19 continues until 1 July 2020. In this newsletter, we discussed the provisions of the AfCFTA Agreement and the potential impact on Nigeria, given Nigeria`s particular business environment. 1.

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