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AFRICA'S FREE TRADE BLOC

From Xinhua News Agency: STORY: AFRICA'S FREE TRADE BLOC DATELINE: June 13, 2011 LENGTH: 0:01:26 LOCATION: Johannesburg PKG Intro: African countries have grouped together, vowing to improve their economies. They've created a bundle of new measures that can only be described as historic. Pkg: Leaders from three major African blocs met on Sunday, witnessing the launch of Africa's biggest free trade bloc. Under the bloc, the Southern African Development Community, East African Community and the Common Market for Eastern and Southern Africa will work together to enhance cooperation between 26 nations to boost their economies. South African President Jacob Zuma, the proposer of the initiative, said at the launch ceremony that the free trade bloc will see three sometimes overlapping trade blocs jointly create an 875-billion-U.S.-dollar market. He adds the Free Trade Area will certainly help to accelerate regional integration efforts aimed at ensuring that African countries trade with each other on better ter Powered by www.newslook.com

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