African Continental Free Trade Area

My name is Dr Graham Bright. I am the head of compliance and operations at Euro Exim Bank. And the vlog today is going to look briefly at implications of free trade agreements. Free Trade Agreements, as the name suggests is all about the movement of goods, the movement of intellectual capital in a way which is unrestricted between different nations. And one of the best examples we have of that today is the signatures which were put to paper recently on the African Continental Free Trade Area or the AFT FTA. An agreement for the 54 countries of Africa to ensure that they can move the goods cross-border without the traditional tariffs. To find a way to make trade easy with your neighbour, to go across land-locked countries, to get those goods to ports in a quicker way. To work as a community, to get new infrastructure in place as well. So the opportunity is really there for 54 regionally diverse countries, with different currencies, different cultures, different customs, different regulations to come together as a concerted economic unit with over one and half billion people to make it a true powerhouse of the future of international trade.