AGREEMENT ESTABLISHING THE AFRICAN CONTINENTAL FREE TRADE AREA — Rwanda law | Esheria

AGREEMENT ESTABLISHING THE AFRICAN CONTINENTAL FREE TRADE AREA

This article defines key terms used in the Agreement and its Protocols, including institutions, trade terms, and service-trade concepts.

AI-assisted research synopsis — verify against the official legal text below.

Jurisdiction
Rwanda
Instrument
Act or statute
Status
In force
Version
Undated source snapshot
Language
mul
Updated
Official source
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AfCFTA DSB remedies accession additional commitments annexes appeals arbitration balance of payments measures budget committee functions committee governance committee_governance consultations council governance cross-border services cross-border trade customs customs cooperation decision-making decision-making procedure definitions depositary dispute resolution dispute settlement +61 more

Statute overview

About this statute

This article defines key terms used in the Agreement and its Protocols, including institutions, trade terms, and service-trade concepts. This article establishes the AfCFTA and sets out what the protocol covers and excludes. Article 3 sets out AfCFTA objectives and the scope of related protocols, including creating liberalised markets for goods and services, promoting movement of people and capital, supporting investment, and applying dispute rules between State Parties. State Parties must gradually remove trade barriers, cooperate on trade matters, set up dispute settlement and institutional arrangements, and give each other most-favoured-nation treatment, with limited exceptions for certain pre-existing trade preferences. State Parties must publish, notify, respond to information requests, and set up enquiry points; the text also establishes a dispute settlement body and lists governing principles for AfCFTA.