Trade in Services in the AfCFTA: Factsheet
Services trade has the potential to be a major driver for economic growth and development, job creation, productivity and competitiveness, and deepening integration across Africa. Trade in services is a key component of the African Continental Free Trade Area (AfCFTA). Under the AfCFTA, State Parties seek to create a single liberalised market for trade in services. The AfCFTA Protocol on Trade in Services (Protocol) establishes the rules for liberalising trade in services between State Parties. The Protocol aims to boost intra-African trade in services based on the four modes of supply: (i) cross-border supply, (ii) consumption abroad, (iii) commercial presence, and (iv) temporary movement of natural persons. The Protocol entered into force on 30 May 2019. The Protocol liberalises services trade through market access commitments under Schedules of Specific Commitments, and regulatory frameworks for each sector.
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