Africa worries over international trade wars

The spectre of trade wars has Africa worried and the continent is now coming up with ways to fast-track its agreements in an effort to protect itself.

In a statement, African Union commissioner for trade and industry, Albert Muchanga, said there were emerging risks in the international trade environment, which were characterised by trade wars and the continent needed to protect itself.

“Fast-tracking the coming into force of the legal instruments establishing the African Continental Free Trade Area and its resultant operation can mitigate the adverse impacts of the trade war if it occurs,” he said.

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