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Implementing the Trade Facilitation Agreement should boost trade among African Continental Free Trade Area members
[La mise en œuvre de l’accord sur la facilitation des échanges devrait stimuler le commerce entre les membres de la zone de libre-échange continentale africaine]

Author

Listed:
  • Jaime de Melo

    (UNIGE - Université de Genève = University of Geneva)

  • Zakaria Sorgho

    (ULaval - Université Laval [Québec])

  • Laurent Wagner

    (FERDI - Fondation pour les Etudes et Recherches sur le Développement International)

Abstract

The main objective of the African Continental Free Trade Area is to eliminate trade barriers and boost intra-Africa trade. This column argues that implementing the Trade Facilitation Agreement's provisions would be a powerful complement to the free trade area's tariff-reduction agenda. A realistic implementation of TFA measures could reduce time in customs for imports by 2.7 days for exports by 1.7 days. These reductions in time translate into a tariff ad-valorem equivalent reduction in the range 3.6-7% for imports and an 8.1% extra growth for exports.

Suggested Citation

  • Jaime de Melo & Zakaria Sorgho & Laurent Wagner, 2024. "Implementing the Trade Facilitation Agreement should boost trade among African Continental Free Trade Area members [La mise en œuvre de l’accord sur la facilitation des échanges devrait stimuler le," Post-Print hal-04478013, HAL.
    • Handle: RePEc:hal:journl:hal-04478013
    Note: View the original document on HAL open archive server: https://hal.science/hal-04478013
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    References listed on IDEAS

    as
    1. Ana Margarida Fernandes & Russell Hillberry & Alejandra Mendoza Alcántara, 2021. "Trade Effects of Customs Reform: Evidence from Albania," The World Bank Economic Review, World Bank, vol. 35(1), pages 34-57.
    2. Jerónimo Carballo & Alejandro Graziano & Georg Schaur & Christian Volpe Martincus, 2021. "Import Processing and Trade Costs," CESifo Working Paper Series 9170, CESifo.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    AfCFTA; Preferential trade agreements; Africa; Accord préférentiel; Zleca;
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