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About: Grand Free Trade Area     Goto   Sponge   NotDistinct   Permalink

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The Grand Free Trade Area (GFTA) is a project envisaged by several regional blocs in Africa (Southern African Development Community, East African Community and the Common Market for East and Southern Africa) in order to bring about increased intra-African trade. The idea behind joining these economies is to enable Africa to become far more self-reliant. It will also allow small economies to have access to larger regional markets; bringing about diversity, GDP growth and increased employment.