With the app bet365 download Continental Free Trade Agreement (hereinafter referred to as the "Agreement") officially entering into force on January 1, 2021，app bet365 download countries will participate in global economic activities as a single market entity。World Bank report forecast，Africa’s total exports will increase by nearly 29% by 2035，The number of poor people in Africa will also be significantly reduced by then。Future，Africa will enhance its global competitiveness and attractiveness by accelerating its industrialization process，In order to better integrate into the world economy。In view of the current trade situation and challenges faced by the app bet365 download continent，Our reporter interviewed relevant scholars。

　　Increase the proportion of intra-regional app bet365 download

January 27，The "All Africa" ​​news website affiliated with the Pan African News Agency published the news，current，The world economy is undergoing profound changes。After the launch of the African Continental Free Trade Area (hereinafter referred to as the "app bet365 download Area")，Can be a driver of regional trade growth in Africa、An important platform to deepen the regional value chain。With North America、Comparison of regional trade between Europe and Asia，The proportion of intra-regional trade on the African continent is not high。According to relevant statistics，The total intra-African trade volume in 2019 was 1.US.6 billion，Accounts for about 16% of the continent’s total exports，The import and export products are mainly primary and unprocessed products，such as fossil fuels、Precious metals、Natural pearls, etc.。Participating countries in intra-African continent trade are also mainly concentrated in South Africa、Nigeria、Egypt and other countries。

Landry Signé, a researcher at the Global Economics and Development Program at the Brookings Institution, once mentioned，The low level of intra-African continent trade is due to its low level of industrialization，And the export industries of many African countries rely heavily on raw material products。The launch of app bet365 download Trade Area will not only improve Africa’s industrialization level and manufacturing capabilities，It can also promote more diverse development on the African continent。current，The supply chain layout on the African continent is relatively scattered and mostly at the low-end level，No industrial cluster has been formed。After the Agreement takes effect，African countries can reorganize their advantageous industries，Form complementarity，You can also upgrade the existing value chain system，Gradually increasing、High-level products。

From Signe’s point of view，After the establishment of app bet365 download Trade Area，African countries should prioritize solving their production capacity issues，This not only includes improving production efficiency，Also includes improving product quality to meet international standards，Form international competitiveness。To achieve this goal，First of all, we must strengthen mutual coordination among African countries，Enable free flow of raw materials and human capital；Secondly, we must promote infrastructure construction within the African continent，More flexible by building、More convenient transportation network，Reduce production costs。

　Promote regional app bet365 download development

Chido Munyati, a researcher in the field of African studies at the World Economic Forum, wrote an article on the World Economic Forum website on January 26，Since Africa established the "Organization of African Unity" in 1963 and announced the launch of the African Union (hereinafter referred to as the "AU") in 2002，Always promote peace in Africa、Safety and Stability，Accelerate politics、Social and economic integration process as one of the important goals。For this，AU members will start negotiations on app bet365 download Trade Area from June 2015，In order to reduce tariffs、Eliminate trade barriers、Promote intra-regional trade and investment development、The goal of ultimately forming a single market。After more than 5 years of hard work，app bet365 download Trade Area has been officially launched on January 1, 2021，But the Agreement contains two stages。Currently，The rules of the first phase have been formally formed，Involving trade in goods、Regulations on Trade in Services and Dispute Settlement，and various accessories、List、Timetable, etc.。The second phase will involve competition policy、Investment and Intellectual Property，Relevant negotiations are still in progress。

Munyati thinks，The establishment of app bet365 download Trade Area is to promote regional economic development、Achieving economic liberalization in Africa provides new opportunities。This free trade area consists of 54 countries，Involved population exceeds 1.2 billion，The total economic volume covered exceeds 2 trillion US dollars。In the foreseeable future，app bet365 download Trade Area will drive the GDP of the African continent、Significant growth in employment rate and intra-continental trade，At the same time, it can also effectively reduce Africa’s trade deficit。Future，Nearly 97% of products within the African continent will achieve tariff-free free flow within the region，It will then be able to effectively attract a large amount of external capital to Africa，Bringing huge profits to the African people。

Zurika Robinson, associate professor at the School of Economics at the University of South Africa, told this reporter，The key to promoting African integration and the construction of app bet365 download Trade Area is to improve trade facilitation and reduce tariffs。In addition，African countries also need to implement constructive industrial policies，Guide economic and technological development in the predetermined direction。Although many African countries have formulated various industrial policies，But some of these countries face many challenges during the implementation phase，This will result in industrial policy failing to achieve the expected results。

　　Promote greater economic prosperity on the app bet365 download continent

​​In order to better promote the development of app bet365 download industries，Robinson suggestion，When formulating industrial policies，Based on continuous improvement of the value chain，Form long-term planning，Replace short-term action plan。Based on the characteristics of different economies in Africa，Cultivation of advantageous industries with unique characteristics，Highlight your own competitive advantages，Gradually increase product variety and complexity。app bet365 download countries should increase investment in scientific research，Activate the transformation of professional knowledge。This can not only increase the diversification of its export products，It can also expand the scope of trade，Avoid internal impact caused by homogeneous products。

Proposed by Wamkele Mene, Secretary-General of the app bet365 download Continental Free Trade Area，Industrial policies on the app bet365 download continent must keep pace with the times，Keep pace with global development trends，And continue to learn lessons from past development processes。Africa’s industrial policy must not only be flexible，Should also be consistent with public sector investment policies，In order to form a new situation that attracts private investment and foreign direct investment，Thus solving problems such as shortage of funds。

Mene said，In the process of building app bet365 download Trade Area，Small, medium and micro enterprises should also be given more rights to participate，Because they are the driving force of most economies in Africa。Small, medium and micro enterprises should not be excluded from the policy，Access to market information and technology should not be the privilege of large companies。Only by allowing more small, medium and micro enterprises to benefit from the construction of app bet365 download Trade Area，This will ultimately promote greater economic prosperity on the African continent。