Afrika içi ticaretin önündeki engellerin aşılması: AfCFTA'nın sömürge mahsulünün meşruiyetini, nakliye kısıtlamalarını ve nakliye zorluklarını ortadan kaldırmadaki rolü.
Makaleler > Tam Makale · 2024
Yazarlar: Oyebamiji, Oluwaseun
Journal of Economics and Political Sciences, Uluslararası, 2024
Özet
The African Continental Free Trade Area (AfCFTA) is designed to enhance trade between African nations by eliminating tariff and non-tariff barriers. Despite its potential benefits, intra-African trade remains low, with a substantial portion of Africa's imports originating from outside the continent. This review investigates the obstacles to intra-African trade, such as colonial-era cash crop legacies, shipping constraints, and transportation challenges, and proposes strategies to overcome them. These strategies include streamlining border procedures, simplifying customs processes, and harmonizing regulations, which can decrease trade costs and enhance the ease of doing business within the continent. The literature review provides a comprehensive analysis of existing research on African trade barriers, identifying key issues and proposing potential solutions. A historical overview of African trade reveals a multifaceted narrative influenced by geographical elements, cultural exchanges, and external influences. Regional trade agreements, such as South Africa Development Community SADC, the Economic Community of West African States ECOWAS, and East Africa Community EAC, aim to promote economic integration and cooperation, but their effectiveness varies. The consequences of trade barriers on African economies and intra-African trade have been widely studied, revealing the complex impact they have on economic growth. The numerous trade agreements in Africa have created a complex web of overlapping regulations and trade arrangements, making trade facilitation more challenging and creating uncertainty for businesses operating within the region. Simplifying customs processes, harmonizing regulations, and streamlining border procedures can significantly reduce trade costs and improve the ease of doing business within the continent.