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Africa-Wide Free Trade Area Becoming A Reality

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AFRICANGLOBE - Three regional economic communities in Africa are expected to sign an agreement in 2014 to establish an enlarged market covering 26 countries in eastern and southern Africa. The "Grand" or Tripartite Free Trade Area with a combined population of some 600 million people and a Gross Domestic Product of about US$1 trillion covers half of the member states of the African Union and is intended to boost intra-regional trade, increase investment and promote the development of cross-regional infrastructure.
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