ISDS Case Map
Africa
Underscoring India’s commitment towards growth in relations with Africa, New Delhi said the country's businesses could benefit from the African Continental Free Trade Agreement that was gathering pace.
The AfCFTA will offer a huge opportunity for UAE investors who will be able to do business on a single set of trade and investment rules across the African continent.
The outstanding negotiations will be finalized through a new African virtual trade-diplomacy platform that is being developed as a public-private partnership between the African Union Commission and more than 20 African multinational companies.
Initially planned to take place on 1 July 2020, the implementation of the African Continental Free Trade Area (AfCFTA) has been indefinitely postponed due to the Covid-19 pandemic.
The African Continental Free Trade Area (AfCFTA) will create new opportunities for China-Africa cooperation, an Ethiopian expert said on Tuesday.
With the growing concern over the traditional ISDS system, it is highly unlikely that the AfCFTA will include an ISDS mechanism giving investors access to go to international arbitration under conventional international tribunals.
African states need to take a unified and proactive approach to investor-state dispute settlement (ISDS), in order to make a system that is fairer to Africa and more consistent.
A historic deal to smash down tariff barriers within Africa is being braked by the coronavirus pandemic and a thicket of negotiating problems.
Even if the pandemic continues into 2021, the African Continental Free Trade Area will move ahead, a top official says.
Kenya’s negotiations with the United States while the African Union is in ongoing negotiations on a future agreement between African countries makes this a transitional moment in Africa’s trading relationship with the West.
