GUTA Prez laments key challenges in AfCFTA’s implementation
President of the Ghana Union of Traders Association (GUTA), Dr. Joseph Obeng, has called attention to several critical challenges facing the African Continental Free Trade Area (AfCFTA) during a recent interview. He emphasized the need for urgent reforms to maximize the benefits of the free trade agreement for businesses across the continent.
Dr. Obeng pointed out that the removal of tariffs is essential for AfCFTA’s success, stressing that without this step, the promise of free trade within Africa remains unfulfilled. “We have to hold the bull by the horns and remove the tariffs. It’s as simple as that. That’s the only way it will make their products very free,” he asserted.
In addition to tariffs, Dr. Obeng highlighted the problem of excessive bureaucracy and red tape, particularly concerning the rules of origin. He urged for a more transparent and efficient process, where traders are clearly informed about which products qualify for free trade under AfCFTA. “It should be known and published for traders to know that these goods are actually qualified,” he said, noting that the current system causes unnecessary stress and complications for businesses.
Transportation also emerged as a significant concern, with Dr. Obeng describing the difficulty of moving goods across African borders as a core issue that needs addressing. He emphasized that improving transportation logistics is crucial for the smooth functioning of the free trade area.
Furthermore, Dr. Obeng underscored the importance of adding value to Africa’s raw materials before they are traded. He called for increased support to help local businesses produce finished goods, which would strengthen intra-African trade. “You sell what you have. If you do not have, how do you sell?” he remarked, highlighting the need for African countries to focus on value addition.
The GUTA boss noted a lack of awareness and familiarity among African traders with opportunities within the continent. He observed that many traders are more accustomed to doing business in Asia, Europe, and America than within Africa itself. He called for better dissemination of information to encourage more intra-African trade.
Dr. Obeng’s remarks reflect the broader concerns of traders across the continent who are eager to see AfCFTA reach its full potential. However, they also highlight the need for practical solutions to overcome the existing challenges that hinder seamless trade and economic integration in Africa.
