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AU Wants to Double Intra-African Trade

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The African Union Commission wants to see intra-African trade double, from its current level of 10-12 per cent of the entire continent's trade, to 20-25 per cent within the next decade. A document from the Commission, provided as background to this weekend's heads of state summit, at which boosting intra-African trade is the main agenda item, points out that greater trade between African countries "will develop larger markets, and foster greater competition which in turn will lead to poverty reduction, growth and poverty reduction".
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