China will implement zero tariff treatment on 98% of goods from Ethiopia, starting from March 1, 2023, its tariff authority said last week.
Apart from Ethiopia, Burundi and Niger will benefit from the latest zero-tariff treatment, according to the Chinese state-run news agency Xinhua’s report.
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The Chinese Customs Tariff Commission of the State Council took the new step to materializing the spirit of China-Africa friendship and cooperation.
It will help the three African countries to accelerate their development, and build an open global economy, the commission added.
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China will move further to gradually expand such treatment to all the least developed countries that have established diplomatic ties with China, it added.
Source:
Ethiopian Monitor
