China eliminates customs duties on 16 developing countries

China eliminates customs duties on 16 developing countries
China eliminates customs duties on 16 developing countries

Africa-Press – Botswana. Starting next month (September), China will eliminate customs duties on 98 percent of products imported from 16 developing countries, including Mozambique.

According to a statement released on Monday by China’s Ministry of Finance, China’s State Council Customs Tariff Commission has decided to grant ‘zero tariff’ status to 16 countries.

Most of the countries covered are on the African continent, with emphasis on Mozambique, Togo, Eritrea, Central African Republic, Guinea Conakry, Rwanda, Sudan, Chad and Djibouti.

In Asia, the list also includes Cambodia and Bangladesh, as well as Laos and Nepal, two countries with which China borders.

The ‘zero tariff’ status will also cover Kiribati, Solomon Islands and Va-nuatu, three of the countries

visited in May and June by the Chinese Minister of Foreign Affairs, Wang Yi, on a tour that also passed through Timor-Leste.

The Solomon Islands and Kiribati recently shifted their diplomatic recognition from Taiwan to Beijing.

The Solomon Islands also signed a pact with China that could lead to the establishment of a Chinese naval base in the South Pacific.

The order, signed on 22 July, underlines that the ‘zero tariff’ status covers 8,786 types of imported products.

For More News And Analysis About Botswana Follow Africa-Press


Please enter your comment!
Please enter your name here