July 7，The Twelfth African Union Special Summit was held in Niamei, the capital of Niger。During the summit，The official launch of the Africa Free Trade Zone (AFCFTA) has attracted widespread attention。According to the United Nations African Economic Commission (United National Economic Commission for Africa) prediction，to 2022，bet365 best casino games the African continental Free Trade Zone will drive 52%of Africa's internal trade growth，The execution of the free trade agreement of the African continent will be canceled by 90%of the trade tariffs within the African continent。This year's summit Africa -Value Chairman、Egyptian President Cecil also mentioned，The establishment of the African Continental Free Trade Zone can fully activate the economic potential of the African continent，Make trade between different African countries more convenient。

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According to the report from the African News Network on July 7th，African countries have been prepared for the unified market。Current，Except Eritria，The remaining 54 countries of the non -League signed bet365 best casino games the African continent free trade agreement。The establishment of the African Free Trade Zone is established as a product、Service、Investment、The free flow of personnel on the African continent paved the road。

University of Pretoria International Development Law and African Economic Relations Professor Danny Bradlow told this reporter，bet365 best casino games the African continental Free Trade Zone is the world's largest free trade zone since the establishment of the World Trade Organization (WTO)。The establishment of the African Free Trade Zone can not only solve the problem of self -development of the concerns of various countries in Africa，​​At the same time, it also improved the status of the African continent on the international stage，Promoting the diversification of African trade。Africa has huge economic development potential，But tariffs and border policies between different countries lead to low total internal trade。Although the African internal trade has doubled from 1995 to 2013，But compared with other regions in the world, it is still at a lower level。March 2016，A report released by the United Nations African Economic Commission display，The proportion of GDP (GDP) in the African continent increased from 2.7%in 1995 to 4.5%in 2013，But this ratio is far lower than 6.7%of the Americas in 2013，17.bet365 live casino games 9%of Asia and 21%in Europe。Establishment of the African Free Trade Zone，Not only can improve the trade level between African countries，Can attract external large -scale investment，Make up for the economic development gap between different countries in Africa。

Albert Muchanga, a member of the African Union Trade and Industrial Commissioner, also mentioned，The signing of the free trade agreement of bet365 best casino games the African continent can strengthen the transportation of internal cargo in Africa，Reduce the cost generated by delay in border policy; it will also be convenient for agricultural products to enter more markets that cannot be entered before，Promote the growth of the agricultural product market。

　　The process will not be smooth

Geni Dechter, a senior lecturer at the School of Economics, New South Wales University in Australia, told this reporter，The establishment of bet365 best casino games the African continental Free Trade Zone can bring a positive impact on Africa's economic development，But what cannot be ignored is，Due to the internal traffic of the African continent、Weak infrastructure construction of communication and other infrastructure，Trade circulation in the area has certain obstacles。The 2018 "African Economic Outlook" report mentioned，The funds gap in the construction of Africa infrastructure construction is about 130 billion to $ 170 billion Bet365 app download per year，How to solve the shortage of funds is very urgent。

Dekrt emphasized，other，There are still some key issues in bet365 best casino games the African continental free trade agreement that fails to reach an agreement，Including the rules of origin、Tariff discounts from member states、How to fight smuggling and tax evasion behavior。Future，African countries will also be intellectual property rights、Discussion on investment and competition policies，This will be a long process。

Eurasia Group African analyst AMaka Anku, also known as，Because the African market has strong decentralization，The process of promoting Africa to become a single market will not be smooth。and，Africa has not yet formed clear measures in promoting and implementing effective supervision of goods and service trade。

Chyllis Wakiaga, CEO of the Kenyan Manufacturers Association, is full of expectations for the African Free Trade Zone，He said that the launch of the African Free Trade Zone can provide a lot of opportunities for internal trade in Africa，By 2030, the total trade volume in the region will reach 6.7 trillion US dollars，The commercial vitality in the area will also gradually strengthen。to time，Free flow of professionals and educators，It can improve the skill of the workers，bet365 live casino games Let more African teenagers get development opportunities。

Wakaa also mentioned，At present, there are 8 regional economic groups in bet365 best casino games the African continent，Among them, 4 of the Tariff Alliance，The African Continental Free Trade Zone can establish a unified tariff alliance on this basis to attract external investors。It is expected that more technical methods will be introduced in Africa in the future，Ensure the standardized production of African products，thereby improving the product's competitive level。

　Looking forward to establish African Monetary Fund

William N Kring, assistant assistant to the Director of the Global Development Policy Center of Boston University in the United States, believes，Some countries in Africa are currently undergoing unequal economic growth and debt issues，African Union should discuss how to make these countries more closely in the context of the African Free Trade Zone、More dynamic trade relations，For example, the feasibility of the establishment of the African Monetary Fund。Establishment of African Monetary Fund can encourage African countries to actively participate in regional trade，Effective control of trade risks in the area。

Klin mentioned，On the one hand，bet365 best casino games the African continental Free Trade Zone enables the economy of African Bet365 app download countries to be closely linked，interdependence; on the other hand，Once an economic problem occurs in a country，It will increase economic growth in other countries、Trade、Investment and employment risks。In other areas of the world，To reduce similar effects，Regional Financial Arrangements are established.，To handle the international income and expenditure crisis in the region and provide financial support。Klin thinks，Non -All -League can also refer to related practices。Looking forward to the establishment of the African Monetary Fund in the future，Bring stronger motivation to deepen the deepening of free trade in the African continent。