ACBF Virtual Library

original document [ View original document ]

TitleThe AfCFTA's Rules of Origin: Importance and Impact on the SME-Factoring Interface
AuthorACBF
SubjectTrade, Factoring, Small to Medium Enterprises
Date of Publication2024
PublisherACBF
Number of Pages9
AbstractThe Rules of Origin (RoO) within the African Continental Free Trade Area (AfCFTA) framework are crucial for safeguarding member countries against external exploitation and fostering regional integration. Serving as "passports" for goods and services, RoO ensure that products originate within AfCFTA states, facilitating duty-free circulation. RoO must align with the growth strategies of Small and Medium Enterprises (SMEs) to enable their participation in regional markets and value chains. The cotton, textile, and apparel industry emerges as a pivotal sector for accelerating SME growth and the expansion of factoring practices within AfCFTA markets. By leveraging RoO, SMEs can gain preferential access to regional markets, stimulating investment and facilitating the development of regional value chains. Moreover, RoO implementation can enhance intra-African trade, offering new opportunities for SMEs across diverse sectors. This Policy Brief delves into the fundamental parameters of AfCFTA RoO, examining their potential to benefit SMEs and foster the growth of the factoring industry. Through a case study of the cotton, textile, and apparel industry, the analysis explores how synergistic linkages between SMEs and factoring can unlock mutual benefits in regional supply chains.
Filesize1362491 MB
File FormatPDF
[ View / download original document ]

Ask the Librarian 961 documents, last updated Thu Sep 26, 2024
© 2015 African Capacity Building Foundation | All Rights Reserved. ISSN: 2310-7960