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Periodical article | Leiden University catalogue | WorldCat |
Title: | African responses to the international economic order: Lagos Plan of Action and the Preferential Trade Area Treaty for the Eastern and Southern African States |
Author: | Kumar, Umesh |
Year: | 1984 |
Periodical: | Jahrbuch für afrikanisches Recht |
Volume: | 5 |
Pages: | 81-94 |
Language: | English |
Geographic term: | Africa |
Subjects: | COMESA development plans Lagos Plan of Action |
Abstract: | Focus is on the industrial strategy of industrial cooperation among OAU-member countries on the basis of their collective self-reliance, through the example of the Lagos Plan of Action (1980) and the Preferential Trade Area (PTA) Treaty for the Eastern and Southern African States, negotiated in 1981. The heart of the Lagos Plan is subregional and regional, internally located industrial development on the basis of national and collective self-reliance and expansion of intra-African trade. The PTA Treaty is the legislative concretization of a part of the Lagos Plan and is a first step towards the establishment of a common market involving, amongst others, the gradual reduction and eventual elimination of tariff and nontariff barriers to trade among the Treaty members. With some qualifications (the need to review the provisions on dumping, the need to set up structures and mechanisms for the resolution of controversies), the Lagos Plan and the PTA Treaty are good first steps on the path to regional and collective self-reliance. Notes, ref. |