African Free Trade Agreement helps Africa's economy steadily
February 19, 2021 08:16 Source: "China Social Sciences", February 19, 2021, Issue 2109, Issue 2109,: This reporter Zhao Qi

With the "African Continental Free Trade Agreement" (hereinafter referred to as the "Agreement"), it officially took effect on January 1, 2021,African countries will participate in global economic activities as a single market body。World Bank Report Forecast,By 2035, Africa's total export volume will increase by nearly 29%,By then, the number of poor people in the African region will also shrink significantly。Future,Africa will enhance its global competitiveness and attraction by accelerating the process of industrialization,To better integrate into the world economy。For the current trade status of the African continent and the challenges, etc.,The reporter interviewed relevant scholars。

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January 27,Pan -African News Agency "All Africa" ​​news website published news about it,Current,Deep changes in the world economy。The Free Trade Zone of the African Continent (hereinafter referred to as the "African Free Trade Zone") was started,It can become the growth of regional trade growth in Africa、Important platform for deepening the regional value chain。and North America、Regional trade bet365 best casino games in Europe and Asia,The proportion of trade in the African continent is not high。According to relevant data statistics,2019 Africa's internal trade total is 137.6 million US dollars,accounting for about 16%of the total export of the African mainland,Among them, import and export products are mainly primary and unprocessed products,Such as mineral fuel、Valic metal、Natural Pearl, etc.。Internal trade participating countries in the African continent are mainly concentrated in South Africa、Nigeria、Egypt and other countries。

Landry SIGNé, a researcher at the Brookings Society of Bruckins, once mentioned,The low level of internal trade within the African continent is due to its low level of industrialization,And the export industry of many African countries is seriously dependent on raw material products。The launch of the African Free Trade Zone can not only improve the level of industrialization and manufacturing capabilities of Africa,It can also promote more diversified development of the African continent。Current,The supply chain layout of the African continent is relatively decentralized and mostly at the low -end level,No industrial cluster is not formed。"Agreement" takes effect,African countries can re -layout the advantageous industries,Formed complementary,You can also upgrade the existing value chain system,Bet365 app download Gradually increased、High -level products。

From the view of Sini,After the establishment of the African Free Trade Zone,African countries should give priority to solving their production capacity problems,This not only includes improving production efficiency,It also includes improving product quality to meet international standards,Form international competitiveness。To achieve this goal,First of all, we must strengthen mutual coordination between African countries,Make raw materials and human capital freely flow; secondly, promote the construction of internal infrastructure in the African continent,More flexible by establishing it、More convenient transportation network,Reduce production cost。

 Promoting regional economic development

Researcher Chido Munyati, a researcher in the World Economic Forum in Africa, wrote on the World Economic Forum website on January 26,Africa has established the "African Unified Organization" in 1963 to announced in 2002 that it has announced the launch of the African Union (hereinafter referred to as "Non -Alliance"),Always promote Africa peace、Security and stability,Accelerate politics、Social and Economic integration process as one of the important goals。For this,A non -League members started negotiations in the African Free Trade Zone in June 2015,During the view, reducing tariffs、bet365 Play online games Eliminate trade barriers、Promote the development of trade and investment in the region、Finally formed a goal of a single market。After more than 5 years of hard work,The African Free Trade Zone was officially launched on January 1, 2021,But the Agreement contains two stages。Current,The rules of the first stage have been formally formed,Involved in cargo trade、Regulations on serving trade and resolving disputes,and various attachments、List、schedule, etc.。The second stage will involve competitive policies、Investment and intellectual property rights,Related negotiations are still in progress。

Muniadi thinks,The establishment of the African Free Trade Zone is to promote regional economic development、African economic liberalization provides new opportunities。This free trade zone consists of 54 countries,The population involved exceeds 1.2 billion,The total economic amount covers exceed 2 trillion US dollars。In the foreseeable future,The African Free Trade Zone will drive the GDP、Employment rate and internal trade in the mainland have increased significantly,At the same time, it can effectively reduce the African trade deficit。Future,Nearly 97%of products within the African continent will realize free flow of taxes in the region,From then on, it can effectively attract a large number of external capital to enter Africa,Bring rich Bet365 app download profits to the African people。

Associate Professor Zurika Robinson, an associate professor at the School of Economics, South Africa University, told this reporter,The key to promoting African integration and the construction of the African free trade zone is to improve the degree of trade facilitation and reduce tariffs。other,African countries must also implement constructive industrial policies,Guiding economic and technological development along the scheduled direction。Although many countries in Africa have developed a variety of industrial policies,But some of them face many challenges during the implementation stage,This will cause industrial policies to fail to achieve the expected effect。

  Promote the economy of the African mainland more prosperous

In order to better promote the development of African industries,Robinson Suggestion,When formulating industrial policy,Based on continuously increasing the value chain,Forming long -term plan,Replace the short -term action plan。Depending on the characteristics of different economies of Africa,Cultivate its unique advantageous industries,Highlight your competitive advantage,Gradually increase the diversity and complexity of the product。African countries should increase scientific research investment,Activate the results of professional knowledge。This can increase the Bet365 app download diversification of its own export products,It can also expand the scope of trade,Avoid internal impact caused by product homogeneity。

The Secretary -General of the African Continental Free Trade Zone Wamkele Mene (Wamkele Mene) proposed,The industrial policy of the African continent must keep pace with the times,Keep synchronization with the global development trend,I continuously learn from experience lessons from the past development process。Africa's industrial policy must not only be flexible,It should also be consistent with the investment policy of the public department,can form a new situation that attracts private investment and direct foreign investment,To solve the problem of shortage of funds。

Mei Nei said,In the process of building the African Free Trade Zone,It should also give small, medium and micro enterprises more of the rights,Because they are the driving force of most African economies。Small and medium -sized enterprises should not be excluded outside the policy,Obtaining market information and technology should not be the privilege of large enterprises。Only allow more small and medium -sized enterprises to benefit from the construction of the African Free Trade Zone,will finally promote the more prosperous economy of the African continent。

Editor in charge: Chen Jing
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