Tripartite Free Trade Area
The Tripartite Free Trade Area (TFTA) is a partially implemented African free trade agreement between the Common Market for Eastern and Southern Africa (COMESA), Southern African Development Community (SADC) and East African Community (EAC).[1] The 29 tripartite member/partner countries represent 53% of the African Union's membership, more than 60% of continental GDP ($1.88 trillion), and a combined population of 800 million.[2]
Negotiations between the three trade blocs first began in June 2011.[1] On June 10, 2015 a deal was signed in Egypt, pending ratification by the particpating countries.[3]
The TFTA entered into force on July 25, 2024 after the requirement of 14 countries ratifying the agreement had been met.[2][4] The 14 countries that now trade under the TFTA are Angola, Botswana, Burundi, Egypt, Eswatini, Kenya, Lesotho, Malawi, Namibia, Rwanda, South Africa, Uganda, Zambia and Zimbabwe, accounting for 75% of tripartite GDP in 2022. Djibouti has also ratified the agreement.[2]
The TFTA is intended to become part of the African Continental Free Trade Area (AfCFTA), which was kickstarted in 2015 at the 25th African Union Summit in Johannesburg, South Africa and is to include all 54 African Union states as members of the free trade area.[5]
Partner states
[edit]| Country | Current Trade Zone(s) |
|---|---|
 Angola |
SADC |
 Botswana |
SADC |
 Burundi |
COMESA & EAC |
 Comoros |
COMESA |
 Djibouti |
COMESA |
 Democratic Republic of the Congo |
COMESA & SADC |
 Egypt |
COMESA |
 Eritrea |
COMESA |
 Eswatini |
COMESA & SADC |
 Ethiopia |
COMESA |
 Kenya |
COMESA & EAC |
 Lesotho |
SADC |
 Libya |
COMESA |
 Madagascar |
COMESA & SADC |
 Malawi |
COMESA & SADC |
 Mauritius |
COMESA & SADC |
 Mozambique |
SADC |
 Namibia |
SADC |
 Rwanda |
COMESA & EAC |
 Seychelles |
COMESA & SADC |
 Somalia
|
COMESA & EAC |
 South Africa |
SADC |
 South Sudan |
EAC |
 Sudan |
COMESA |
 Tanzania |
SADC & EAC |
 Tunisia
|
COMESA |
 Uganda |
COMESA & EAC |
 Zambia |
COMESA & SADC |
 Zimbabwe |
COMESA & SADC |
References
[edit]- ^ a b "Tripartite Cooperation | SADC". www.sadc.int. Retrieved July 24, 2024.
- ^ a b c "COMESA-EAC-SADC Tripartite Trade Area to come into force 25th July, 2024". www.eac.int. Retrieved July 24, 2024.
- ^ "Africa creates TFTA - Cape to Cairo free-trade zone". BBC News. Retrieved June 10, 2015.
- ^ "EAC, Comesa, Sadc merger into seamless market begins Thursday". The East African. July 22, 2024. Retrieved July 24, 2024.
- ^ Luke, David; Sodipo, Babajide (June 23, 2015). "Launch of the Continental Free Trade Area: New prospects for African trade?". International Centre for Trade and Sustainable Development. Retrieved December 26, 2015.
External links
[edit]- Official website (archived)
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