Against this background, this paper reviews the progress in the implementation of the AfCFTA, identifies potential opportunities for Korean businesses in this process, and looks at the role the Korean government can play to increase the country’s footprint in Africa. [...] To date, 43 member states have ratified the PTiG with tariff offers.15 The PTiS is targeted for common agreement in June 2022 – to date, 46 members have submitted schedules of specific commitments.16 In respect of the dispute resolution mechanism, the AfCFTA is currently setting up the Appellate to the Panel of the Dispute Resolution Body. [...] In fact, the ICT sector was one of the few winners coming out of the pandemic.42 Among the opportunities for RVC development presented by this trend is the potential to adapt digital innovations to reduce the costs of international production and trade. [...] While the relative sizes of these economies can partly explain the trade dominance (China is the largest economy among the four and Korea the smallest), another factor appears to be the sectors of concentration. [...] Copyright is vested in the SA Institute of International Affairs and the authors, and no part may be reproduced in whole or in part without the express permission, in writing, of the publisher.
- Pages
- 30
- Published in
- South Africa
