ALP Law Series

The African Continental Free Trade Area: A Necessity to the East African Community

By ALP Advocate
on
January 5, 2022

Trade in the East African Community (EAC) region is operational mainly under a legal regime underpinned by the Protocol on the Establishment of the East African Community Common Market(the “Common Market Protocol”) and the Protocol on the Establishment of the East African Community Customs Union (the “Customs Union Protocol”).

Trade in the East African Community (EAC) region is operational mainly under a legal regime underpinned by the Protocol on the Establishment of the East African Community Common Market(the “Common Market Protocol”) and the Protocol on the Establishment of the East African Community Customs Union (the “Customs Union Protocol”).

Recent market trends in the EAC region show that East Africa is the fastest growing region in Africa, with GDP growth of 5.2percent in 2018 to 5percent in 2019andpre-COVID-19 projections of 5.1 percent for 2020 and 5.4 percent for 2021. Trade in the region has notably greatly shifted to the service sector from the agricultural sector and now accounts for 58.3 percent of sectorial GDP contribution in East Africa especially for non-resource countries.

The detailed Article No 4/2021 is available for download as a PDF file here.