African countries in tariff move
- Africa
- 05/25/2007
A group of African countries have agreed to adopt common external tariffs in an effort to boost trade and move towards a fully-fledged customs union.
Members of the Common Market for Eastern and Southern Africa trade bloc, including Egypt, Libya and Zimbabwe, agreed the move at a summit in Kenya.
A single tariff will be set for imports of finished goods and raw materials.
Source: BBC
