Trade Law Centre (tralac)
The Trade Law Centre (tralac) is a trade-related capacity building organisation, registered as a non-profit organisation in South Africa. tralac works in African countries building capacity to enhance the quality of trade law and policy, as well as regional integration, to support development outcomes.
We would like to comment of the following topics:
- Key opportunities and challenges for boosting trade in Africa, and promoting regional integration
- Suggestions for development partners like the UK in boosting trade and investment in Africa.
Background In January 2012, at the Assembly of the African Union, member states committed to boosting intra-African trade and the expeditous establishment of a Continental Free Trade Area (CFTA), to achieve that objective.
The CFTA is Africa’s most ambitious integration project. To achieve the objectives of boosting intra-African trade and enhancing competitiveness, as well as contributing to the broader development objectives of poverty elimination, the CFTA should address practical challenges faced by investors, producers, traders and consumers. The CFTA must be a rules-based regime to provide transparency, predictability, legal certainty and access to legal remedies. This submission reflects on recent developments in African trade and intergration initiatives; with a view to identifying key pathways to support development outcomes, and to provide some suggestions for areas of intervention by development partners.