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Understanding Bilateral Trade Flows and Negotiating South-South RTAs: Lessons and Policy Directions for the Tripartite Free Trade Area Agreement (TFTA)

In: Negotiating South-South Regional Trade Agreements

Author

Listed:
  • Musibau Adetunji Babatunde

    (University of Ibadan)

  • Gbadebo Odularu

    (Centre for Political Economy)

Abstract

Despite the existence of many regional economic communities (RECs) in Africa, intra-regional trade remains dismally low compared to other RECs in Europe, Asia and Latin America. Hence, the need for a paradigm shifts to the Tripartite Free Trade Area Agreement (TFTA) to enhance and reinvigorate the African integration agenda. Consequently, this study explores the benefits and obstacles that can promote or hinder the established TFTA in Africa. The three RECs will need to focus their efforts on making the TFTA effective by covering key areas of trade in goods and services, investment, competition policy, technical barriers to trade, electronic commerce, customs cooperation, rules of origin, intellectual property and dispute settlement.

Suggested Citation

  • Musibau Adetunji Babatunde & Gbadebo Odularu, 2017. "Understanding Bilateral Trade Flows and Negotiating South-South RTAs: Lessons and Policy Directions for the Tripartite Free Trade Area Agreement (TFTA)," Advances in African Economic, Social and Political Development, in: Gbadebo Odularu & Bamidele Adekunle (ed.), Negotiating South-South Regional Trade Agreements, pages 115-140, Springer.
    • Handle: RePEc:spr:aaechp:978-3-319-45569-3_8
    DOI: 10.1007/978-3-319-45569-3_8
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