Addis Ababa, 19 November 2020 (ECA) - The Economic Commission for Africa presented an online trading platform Thursday, that will facilitate trading between buyers and suppliers when the African Continental Free Trade Area (AfCFTA) agreement starts next year.
Known as the African Trade Exchange (ATEX), the business-to-business e-commerce platform will not only improve cross-border trade but also provide businesses with quality products from verified African suppliers in an efficient way at reduced average trading costs based on AfCFTA rules.
The goal for its creation was to provide a marketplace for buyers and suppliers to be able to transact and buy good quality products from the continent based on the AfCFTA rules, said Almoustapha Cisse, ECA’s Acting Director, Division of Technology, Innovation, Publication and Knowledge Management, who made the presentation.
earlier today, the president is really putting the squeeze on china saying that if united states can t reach a deal with canada, it is prepared to slap significant tariffs on canadian made automobiles. john thank you. a big day on wall street, the dow surged almost 260 on word of this trade deal. the nasdaq finished ahead at 72, those two are record highs. joni is not to talk more about the u.s.-mexico trade deal and what is ahead, u.s. trade representative robert lighthizer. thank you for being here. as john just reported, the devil is always in the details. what are the details here? this is a principal agreement, not a sign to deal yet? that is because of the nature of the wall. the trade promotions, which requires us to have an agreement of principal. this is thousands of pages long, this is not just some idea.