THE ROLE OF TRADE FACILITATION IN ACCELERATING THE AFCFTA - PRESENTED BY ROSE RONOH

THE ROLE OF TRADE FACILITATION IN ACCELERATING THE AFCFTA PRESENTED BY ROSE RONOH DIRECTOR TRADE FACIL ITATION-KENYA TRADE NETWORK AGENCY/ AFCFTA CHAMPION AND INTERNATIONAL TRADE EXPERT JUNE 29 TH 2021 PRESENTATION OUTLINE q Trade Facilitation q African Continental Free Trade Area (AFCFTA) q Specific Objectives of the AFCFTA q AFCFTA in Numbers q Kenya’s AfCFTA Status q Kenya’s AfCFTA Implementati. [...] qThe free trade area is the largest in the world in terms of number of participating countries (54 Countries) in the world since the formation of the World Trade Organization. [...] SPECIFIC OBJECTIVES OF THE AFCFTA qEliminate tariffs and non-tariff barriers to trade in goods qLiberalise trade in services; q Cooperate on investment, intellectual property rights and competition policy; qCooperate on all trade-related areas; qCooperate on customs matters and the implementation of trade facilitation measures; qEstablish a mechanism for the settlement of disputes concerning their. [...] Statistics from World Bank Group KENYA AfCFTA STATUS qKenya ratified the AfCFTA on May 10, 2018 qKenya has submitted its tariff offerings to the AfCFTA qKenya is participating in the negotiations qKenya and EAC countries are unable to implement the AfCFTA due to the non ratification of the agreement by Burundi and Tanzania qKenya’s has developed a National Implementation Strategy with technical as. [...] qDisputes between the state parties arising out of or relating to the interpretation or application of any provision of the Annexes 3 and 4 will be resolved in accordance with the AfCFTA Protocol on Rules and Procedures on the Settlement of Disputes.