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2023-04-05

Action Plan on Boosting Intra-African Trade (BIAT):

In response to the low level of trade within Africa, the African Union developed and adopted the BIAT in 2012. The action plan aims to foster one African market and significantly increase intra-African trade.The action plan identifies the main hindrances to the growth of intra-African trade and describes the program of activities needed to address the limitations.

Example:
The action plan includes designed proposals to quicken the establishment of the AfCFTA and a mechanism to monitor and evaluate its implementation through seven clusters, namely Trade Facilitation, Trade Policy, Productive Capacities, Trade-related Infrastructure, Trade Finance, Trade Information and Factor Market integration.

Reference:
BIAT – Boosting Intra-African Trade

For more terms like this you can download the *AfCFTA: A Glossary* app at the Google Play store for Android or the Apple Store for IOS.

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