The African Union (AU) has stated that the principle of reciprocity would define the exchange of tariff concessions between state parties under the African Continental Free Trade Area (AfCFTA).
Besides, the African Union Heads of State and Government has underscored the urgent need for member states to kick-start trading activities under the trade deal.
The body said this during a virtual meeting of the 13th Extra-Ordinary Session of the Assembly of the Union on the AfCFTA, held under the President of the Republic of South Africa and Chairperson of the Union, Mr. Cyril Ramaphosa. Read More.
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