Free Trade, Leading the Way Toward Growth…Elsewhere

By August 19, 2008Trade


CAPE TOWN: Twelve countries in southern Africa established a free trade area Sunday in an effort to bolster the regional exchange of goods and economic integration for a market of 247 million people and an economy worth more than $430 billion.

The accord was made at the annual summit of the 15-nation Southern African Development Community, or SADC, in Johannesburg.

The free trade accord includes Botswana, Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namibia, Swaziland, Tanzania, South Africa, Zambia and Zimbabwe.


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