It seems to be just for African nations, but like i said, most multinational White, Arab and Asian companies already have strongholds in Africa and would probably benefit moreso from this deal. What is even more dangerous is that most of these companies are set up in Economic Free Zones (Locations designated by bribed officials to be tax havens/black holes). Where no one is obliged to investigate the flow of money. A deal like this potentially only serves to suck the dying capital of the Americas and Europe into Africa in return for fresh capital and resources from Africa (They will also sell manufactured goods back to Africans for higher prices.) and other races multinationals easier, more legitimate paths to establishing themselves there. Of course there will be figure head Africans who will benefit from these deals, much like the UK establishment is holding up its importers and exporters as examples of why they should stay in the EU, but in the long run, this is the path to Neocolonialism.

No, Huntin_Jin is absolutely correct. Free Trade areas are absolute HELL on Africa and the Third World in general. Africa and the third world are kept in a state of EXTREME exploitation by Western Economic Imperialism. In there parts of the vid I did watch, the guy is not really lying as much as he is using glowing terms to sprinkle sugar on shit.

In short, what Free Trade areas generally do is payoff (more or less) a local class of sellout political leadership to eliminate protectionism (means to protect local business from powerful competitors, i.e. tariffs etc., and social safety net services to reduce hardship in society) whichis the bureaucratic red tape he spoke of.

Then corporations/bank go in and undercut all other business (that destroys them) and the public is exploited much harder cause they have to work for pennies and hour and can’t at least live of the land and subsistence farm because all the land gets bought up by the foreign companies.

Basically, FTA deal are garbage. Thats why it no way in hell West will Burundi or a third world company set up a free trade zone in America.