December 15 2022

African Continental Free Trade Area and United States Sign MoU on Cooperation for Trade and Investment

Source: IBFD Tax Research Platform News

On 14 December 2022, the African Continental Free Trade Area (AfCFTA) Secretariat and the United States signed a memorandum of understanding (MoU) on cooperation for trade and investment between them, during the US-Africa Business Forum held on the same day, in the context of the US-Africa Leaders Summit, held from 13 to 15 December 2022 in Washington, DC. The MoU was signed to promote effective cooperation and collaboration in the areas of trade and investment by exchanging information on best practices and boosting open dialogue to address matters of mutual interest regarding the implementation of the AfCFTA.