UN urges Africa to develop clear competition rules for AfCFTA to boost trade

November 23, 2020 XinhuaNet 0 Comments

The UN on Thursday urged Africa to develop clear competition and consumer protection rules for African Continental Free Trade Area (AfCFTA) in order to boost trade.

Mukhisa Kituyi, secretary general of United Nations Conference on Trade and Development (UNCTAD) told a trade forum in Nairobi that lack of adequate competition laws leads to distortion practices that undermine cross-border trade.

“We need to have clear competition laws regulating cross border trade so that enterprises and trade can thrive in Africa,” Kituyi said during a trade forum on the AfCFTA. Read More.

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