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Grand Free Trade Area information


The Grand Free Trade Area (GFTA) is a project envisaged by several regional blocs in Africa (Southern African Development Community, East African Community and the Common Market for East and Southern Africa) in order to bring about increased intra-African trade.

Africa with 3 regional blocs included in the GFTA

The idea behind joining these economies is to enable Africa to become far more self-reliant. It will also allow small economies to have access to larger regional markets; bringing about diversity, GDP growth and increased employment.[1]

The initial stages would be to increase road, rail and communications infrastructure in order to facilitate intra-continental trade and allow for an increased sharing of ideas and skills.

  1. ^ "Foreign Policy Centre: Articles and Briefings / An African grand free trade area?". Fpc.org.uk. Retrieved 2015-04-17.

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