For ECOWAS and WAEMU commissions, establishing AfCFTA could negatively impact West Africa, unless…  

Economic governance
Tuesday, 12 March 2019 15:37
For ECOWAS and WAEMU commissions, establishing AfCFTA could negatively impact West Africa, unless…  

(Togo First) - Establishing the African Continental Free Trade Area (AfCFTA) could be detrimental to West African integration if all countries in this region fail to sign and ratify the related agreement. This was a concern expressed by the heads of the ECOWAS and WAEMU commissions during the two institutions’ latest joint meeting, on March 8th 2019.

To date, only eight countries in West Africa, including Togo, have inked and ratified the document. Nigeria is one of the nations that is yet to do so, as its President abstains, waiting for talks with the local private sector to end.

Meanwhile, in Togo, deputies, journalists, and others are being sensitized about this agreement’s benefits for the country.

Let’s recall that so far, 18 countries have ratified the agreement and at least four more should join if it is to come into force.

Séna Akoda

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