Regional Trade Agreements

Book Review Symposium IV: The African Continental Free Trade Area Agreement: Legal and Policy Frameworks (Routledge, 2024)

This book is a timely addition to emerging studies on the world’s largest Free Trade Area represented by the African Continental Free Trade Agreement (AfCFTA). Its introduction to the subject of economic integration in Africa under the AfCFTA marks a very crucial intervention as African countries begin to implement the phases of the AfCFTA as envisaged in the agreement. The AfCFTA represents the latest attempt at continent-wide economic integration to bring economic prosperity to the 55 economies that form the African regional market which is inclusive of smaller economies, albeit with great human and economic potential. When fully implemented, the AfCFTA is expected to propel Africa’s current income by as much as 7% by generating an additional income of USD 450 billion.

Book Review Symposium III: The African Continental Free Trade Area Agreement: Legal and Policy Frameworks (Routledge, 2024)

It could be boldly stated that Collins Ajibo, through his book titled The African Continental Free Trade Area Agreement: Legal and Policy Frameworks, sets out to fill this gap. The book provides a comprehensive assessment of African economic integration through the lens of International Economic Law. Its analysis is contextualised within the prevailing regional economic integrations, the WTO and the peculiarity of the AfCFTA. It also illustrates the complex interplay of diverse factors that shape the AfCFTA. In doing so, the book accomplishes these by providing interpretative guidance on the AfCFTA; providing guidance to traders, investors, and businesses to optimise opportunities afforded by the AfCFTA; and proffering suggestions to make the AfCFTA successful, that is to achieve sustainable development, Sustainable Development Goals, and other extant objectives. However, the book notes that the realisation of the above objectives is hugely dependent on the low development dynamics.

Southern African Regional Competition Regimes – Where are we today?

This article ponders on the developments in the Southern African cooperation in competition enforcement through some of the regional economic instruments, namely, the 2002 Southern African Customs Union (SACU) Agreement, the 2004 Common Market for Eastern and Southern Africa (COMESA) Competition Regulations, the 2009 Southern African Development Community (SADC)[2] Declaration on regional cooperation in competition and consumer policies, and the African Competition Forum (ACF). In this regard, I briefly touch on the importance of regional cooperation in enforcing competition regulation, the challenges faced in the implementation of Southern African regional competition regimes (RCRs), and the reasons why these RCRs face these challenges.

Regional Integration and the role of National Competition Agencies in Competition law enforcement: Lessons from the Covid-19 Pandemic

This blog post illustrates the role of national competition agencies (NCAs) in enforcing regional-level competition laws in Africa. Generally, the journey to regional integration starts with action at the national level. Then, as countries enter discussions and negotiations, treaties or agreements are signed containing articles that spell out common interests between States.

Symposium Introduction: Markets, Competition and Regional Integration in the Global South - New Perspectives

This Symposium is jointly organized by AfronomicsLaw, the Chair of International Relations at the Hochshule für Politik, Technical University of Munich Germany, and the Mandela Institute at the University of the Witwatersrand in South Africa. It builds on a paper written by Prof Tim Büthe and Vellah Kedogo Kigwiru in the inaugural issue of African Journal of International Economic Law, titled 'The Spread of Competition Law and Policy in Africa: A Research Agenda'. The journal article set out a research agenda for better understanding the reality, promise, and limitations of competition law and policy in Africa at the n1ational and regional level. Consequently, this Symposium brings together competition law scholars, practitioners, and competition agencies' bureaucrats across the world to critically and comparatively discuss the reality, promises, and challenges facing the enforcement of specifically regional level competition policies in the Global South.

Low Levels of Customs Officials’ Awareness: A Recipe for Underutilization of AfCFTA

There is need for Customs administrations in Africa to evolve from gate-keeping role and enforcement of policies on behalf of other government departments, to being active contributors in the policy-making initiatives. Customs officials involved in manning ports of entry should be involved in assessing the practicality of certain trade measures like Rules of Origin as well as making contribution on how best to enforce the regional trade arrangements. This could involve the relevant trade Ministers involved in the regional negotiations consulting with Customs administrations on the best approach to design the measures that would directly require Customs enforcement.

Global Value Chains (GVCs), Trade and Inequalities

This post engages with the Global Value Chain Development (GVCD) reports co-published by the World Trade Organization and the World Bank. It focuses on one central claim these reports have made about the development-related benefits of firms’ participation in GVCs, and on the policy recommendations that follow. The claim is that by inserting themselves into global value chains (GVCs) and technologically upgrading, firms can move up the value-added ladder and capture a greater share of the economic rewards, thereby also benefiting workers and their states in terms of employment, income and taxation.

The ‘Fourth Way’? WTO Dual Notification of the AfCFTA Protocol on Trade in Goods

Although the use of the plural on ‘provisions’, in the Transparency Mechanism could also be interpreted as meaning notification under GATT Article XXIV (for RTAs in goods) and GATS Article V (for RTAs in services) only, it remains an open question. Consequently, notification of the Protocol on Trade in Goods of the AfCFTA under both routes (GATT Article XXIV and Enabling Clause) would come as no surprise despite the dubious legality of such a practice.