Litigation, Insights

AFCFTA – Remarkable Feat on the Negotiations on Rules of Origin and the Introduction of a Payment Gateway

At the 8th meeting of AfCFTA Council of Ministers convened in Accra from 28-29 January 2022, some remarkable progress was recorded with regard to the implementation of AfCFTA (“AfCFTA, free trade pact”). Key take-home were:
• The addition of 850 products to existing products with agreed rules of origin;
• The launch of the Pan African Payments and Settlement Systems.

Rules of Origin and Product listing
Rules of Origin are laws, regulations and administrative procedures crucial to the determination of the national origin of a product…

 

 

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