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News from 2018-05-02 / KfW Research

EU partnership agreements alone cannot solve structural problems in trade with Africa

Tariff barriers to trade are falling across the globe. The European Union (EU) in particular is working to improve market access for products from Africa in the context of its partnership agreements. Still, the structural problems that plague trade between the EU and Sub-Saharan Africa remain. Exports from Sub-Saharan Africa are not very diversified and the proportion of African imports to the EU has hardly grown. The reasons: While tariff barriers have fallen gradually, new non-tariff barriers to trade have been created. They pose enormous challenges for the economies of Sub-Saharan Africa. Because their development is lagging behind, they are unable to make the products to the required quality. Without investment that attracts business, it will be hard to overcome the problems of Africa’s trade structure.

EU partnership agreements alone cannot solve structural problems in trade with Africa

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Economic Research

Economic development in Germany and around the world, studies on topics relevant to society such as environmental and climate protection, demography, globalisation, innovation and sustainability, impact of KfW promotional programmes.

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