Africa: Is planned free-trade zone pie in the sky?

African heads of state have ambitious plans to create a free trade zone, encompassing 26 countries and more than 600 million people on the continent. But economic experts warn the project is a bold step that comes with a plethora of legal, administrative and political hurdles. Others suggest the plan might be a pie in the sky. 'The free trade agreement is an incredibly complex undertaking by any measure,' warned Liepollo Pheko, international trade expert and managing director of economic consultancy Four Rivers in Johannesburg. Earlier this year, African heads of state had announced plans for a one trillion dollar free trade area (FTA) across three existing regional economic communities, namely the Common Market for East and Southern Africa (Comesa), the East African Community (EAC) and the Southern African Development Community (SADC).