Audio By Carbonatix
The African Council of Ministers in charge of the Africa Continental Free Trade Agreement (AfCFTA), is charging all member countries to publish their various tariffs, concessions and trade schedules for all traders.
The move is to ensure transparency in trading and also to make member countries aware of what products and tariffs are being trade under.
The Council of Ministers in charge of AfCFTA) which is the second highest body made their expectations at the 5th Session meeting in Accra.
Secretary General of the AfCTA Secretariat, Wamkele Mene told a virtual media conference.
According to him, this is critical since it will make trading easier for member states.
“Another critical expectation by the Ministers in the next few weeks is that member states should be in the position to publish all their schedules of tariff concession which gives an exporter certainty over tariffs and taxes that will be applied to them”.
The Council of Minister’s meeting follows the inaugural meeting by the Dispute Resolution Body.
The Secretary General has hinted that the meeting afforded member countries and participants some opportunity to appreciate the various forms of trade dispute resolution on the continent.
He believes the move will boost investor confidence on the continent as well as giving more African entrepreneurs hope.
Latest Stories
-
NDC committee given February 10 deadline to submit Ayawaso East vote-buying report
2 hours -
Abossey Okai spare parts dealers threaten one-week strike over new VAT regime
2 hours -
Sentencing is not a lottery -Lawyer defends Agradaa’s sentence reduction
2 hours -
Ghanaian highlife maestro Ebo Taylor dies at 90
2 hours -
Gunmen kill 3 people and abduct Catholic priest in northern Nigeria
2 hours -
Unemployed graduates with disabilities set 30-day ultimatum for employment plan or face protests
3 hours -
South Africa to withdraw its troops from UN peacekeeping mission in Congo
3 hours -
Two arrested at Osu cemetery over illegal grave digging
4 hours -
Ticket Ghana explores new aviation connectivity options as demand for travel to Ghana grows
4 hours -
Applications open for 2026 Igniting dreams fellowship in Northern Ghana
6 hours -
AI Contracts: Fast, professional, but legally risky
6 hours -
Over 1,000 youth equipped as National Apprenticeship Programme starts in Ashanti region
6 hours -
See the areas that will be affected by ECG’s planned maintenance between February 8-13
7 hours -
Police arrest 53-year-old man for threat of death, unlawful possession of firearm
7 hours -
OSP probes NPP Presidential, NDC Ayawaso East parliamentary primaries over vote buying allegations
7 hours
