King Mohammed VI of Morocco has described the signing this Wednesday of the agreement setting up the African Continental Free Trade Area as a defining moment in history and a landmark event, which attests to African States’ shared determination to build an Africa for the future. A continental free trade area stimulates capacities and enhances knowledge and insight. The Monarch pointed out further that “this initiative expands and builds on the countless measures taken by our respective countries to promote intra-African trade. The African Continental Free Trade Area is a key instrument for the promotion of this new economic development paradigm centered on innovation, diversification and exchange rooted in solidarity, the Monarch stated further. Morocco signed on Wednesday the agreement launching the AfCFTA, to make the continent the largest free trade area created since the formation of the World Trade Organization.

Source: The North Africa Journal March 21, 2018 19:30 UTC