GAFTA

UNCONVENTIONAL WISDOM: TRADE DIVERSION AS A POTENTIAL STUMBLING BLOCK TO THE IMPLEMENTATION OF AfCFTA

This article contends that premised on being Africa’s major trading partners, economies such as the US, the EU, and China are likely to experience trade diversion when the AfCFTA comes into force. As a result of such potential trade diversion, the implementation of the AfCFTA could be hindered. It is only by addressing the interests of these economies that AfCFTA will foreclose the possibility of a “crisis of implementation”.