Uganda Free Trade Agreements

12. Oktober 2021 – 23:40

Firstly, the Commission reaffirms its strong trade policy, which is underpinned by the following economic reality. That the EU is the largest individual exporter of agri-food products, with exports of €129 billion in 2015. These export performance has been boosted by the EU`s agricultural policy, technological progress and trade policy. The European Commission estimates that over the next decade, 90% of the additional food demand will be generated outside the EU. The Commission therefore expects to continue its support for free trade agreements. So far, it is true that only five East African countries have submitted their ratification of the AfCFTA. However, it is not the number of countries that counts, but the fact that a regional bloc of coherent countries, which accounts for about three-quarters of regional GDP, is growing together.

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