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Re-engineering African trade with the European Union and United States: Success Requires Reform on Both Sides

Africa faces a continuously changing global trade environment, bringing new challenges and opportunities for increasing growth and reducing poverty. The proliferation of regional trade agreements often at the expense of the global trading system (WTO), the fourth Industrial Revolution and the subsequent rise of labor-saving technologies, the rise of Asia as the new economic frontier, the increased fragmentation of production and rapid changes in global value chains (GVCs) dominate the emerging trends. More recently, supply chain disruptions, the war in Ukraine and commodity price shocks have exacerbated the vulnerabilities in the Africa region. ....

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