How can the cotton, textiles and apparel regional value chain drive the implementations of the AfCFTA?
The key message of this paper is that the AfCFTA should be implemented in a manner that addresses the existing asymmetries between the member states and the need for all members to benefit from the agreement. The questions that the paper sets to answer are the following: how can the 55 member states consisting of 33 Least Developed Countries (LDCs), 16 Landlocked Developing Countries (LLDC) and six Small Island Developing States (SIDS) integrate in a manner that is mutually beneficial, sharing the benefits of free trade while compensating smaller economies and more vulnerable sectors – in both large and small economies – from adjustments and job losses? What trade and industrial policy measures and mechanisms are required to ensure that the benefits of AfCFTA are spread to poorer and smaller economies? What investments are required to support the development of cross-border infrastructure needed to advance intra-regional trade? How can the AfCFTA advance both democratic institution building and inclusive economic development to make democracies both resilient and sustainable? How can the Cotton, Textiles and Apparel Regional Value Chain drive the Implementation of the AfCFTA?