INTERNATIONAL TRADE IN GOODS AND SERVICES : THE CASE OF THE DEMOCRATIC REPUBLIC OF CONGO IN THE AFRICAN CONTINENTAL FREE TRADE AREA 2018-2019

Abstract

Introduction: By establishing a single market of 1.2 billion people representing $2.5 trillion in cumulative GDP, the African Continental Free Trade Area (AfCFTA) constitutes an important lever to strengthen the Democratic Republic of Congo's (DRC) productive capacities and unleash its trade potential. [1]. The objective of the study was to identify the position of the DRC in the African Continental Free Trade Area (AfCFTA) and the types of products to be traded.

Method: To do so, we used systemic, dialectical and quantitative methods as well as documentary techniques.

Results: From the in-depth analysis of this study, we came to the following results: the DRC presents remarkable opportunities to develop in this space of the African continental free trade area and occupies a strategic position, a catalyst for the development of the continent. Based on these opportunities, it can specialize in the commercialization of certain products in particular the electric current, the industrialization of fishing, agricultural products, mining products in order to bring back a lot of currencies in the country and to finance the projects of development through its budget.