India – African business (Sylodium, import export directory)

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Syllogism

1.- SAARC, 7 countries, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka

2.- Africa's Tripartite Free Trade Agreement. COMESA, SADC, EAC, 26 countries.

3.- Conclusion, SAARC – TFTA involves 182 (7 x 26) bilateral trade relationships, some of them key in the new world,

India – Nigeria, Pakistan – South Africa, Bangladesh – Ethiopia, Egypt – India, etc

All of them, the 182, in Sylodium

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3.- representing your country  related with the rest of the world. 

India is also member of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation with Bangladesh, India, Sri Lanka, Thailand , Nepal and Bhutan

India participates as member in The Mekong–Ganga Cooperation (MGC) with other 5 countries, Thailand, Myanmar, Cambodia, Laos and Vietnam.

Africa’s Tripartite Agreement: Another Step Toward Integration?

Africa’s regional economic communities the East Africa Community (EAC), the Common Market for Eastern and Southern Africa (COMESA ) and the Southern African Development Community (SADC ) — together towards a one large free trade market of 26 countries, (nearly 60 percent of Africa’s GDP)

The three are at very different levels of progress in integration.

the EAC has accomplished far more than the other 2 blocs. 

adoption of an external tariff, an expansion and improvement of the port infrastructure in Kenya and Tanzania, prioritization of regional transport systems, and the adoption of common sanitary and phytosanitary measures.

harmonization of customs procedures, one-stop border crossings, that for example, reduce the number of days of transit time from Mombasa to Kigali from 21 days to 6.

That is the reason that explain why South Sudan is wanting to Join EAC to participate in the African challenge. 

the TFTA will allow the 26 countries to say to the world and investors that "come and invest here and you have a very large market.

This FTA is good for jobs and it is good for investment.

Time now to regulate what goods and services to trade freely, licensing businesses, finding common pricing systems or simplifying immigration laws.

half of the member countries have small economies

but these less economically developed states would benefit from infrastructure projects being undertaken at continental level, market access which will stimulate domestic production as well as increased availability of commodities like food where there is shortage.

non-tariff barriers are a serious challenge to trade in Africa.

Imagine now Indian dairy firms that are trying to tap opportunities in the EAC processing markets where demand has surged amid rapid urbanization and rising income levels.

Next years, this challenge would be with 26 countries of 3 blocks, not just the 5 of EAC.

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Egypt - India

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Later,

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