Ethiopia’s Council of Ministers on Saturday approved the country’s membership to the Africa Continental Free Trade Agreement (AfCFTA), which aims to create the largest common market in the world. Over 40 African countries signed a historic trade agreement in March 2018, looking to enable free cross-border trade on the continent. The AfCFTA agreement is expected to create a market for over a billion people, with a GDP of approximately US$2.6 trillion. The Ethiopian Prime Minister’s office announced the approval of the country’s membership to the AfCFTA, saying the common market would enhance regional integration. Ethiopia’s decision & track record of advocating Pan African causes will bring to reality an integrated Africa,” The PM’s office said.

Source: Ethiopian News February 02, 2019 12:33 UTC