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
-
The rise of AI in the classroom: Balancing technological innovation with critical thinking
24 minutes -
Five arrested over alleged MoMo robbery syndicate in Upper West
29 minutes -
UEW journalism students call for practical media studio
32 minutes -
Beyond certification: How Bawaa the artist is helping young creatives turn talent into opportunity
40 minutes -
The Law 101: Vacation warrants and the role of the CJ (Part IV)
56 minutes -
The Law 101: GBA states pure law and convention about Legal Vacation (Part III)
1 hour -
Pray – THE LAW 101: The Vacation Roster dilemma and the reality of Court Recess (Part II)
1 hour -
Trump hid in catering truck in secret plane swap over Iran threat, reports say
1 hour -
Inside the Secret Service ‘shell game’ to hide US presidents in plain sight
1 hour -
GEA seeks Gender Ministry’s support for Female Future Programme
2 hours -
Driver beaten to death over misunderstanding at Gomoa Achiase
2 hours -
Bagre Dam spillage: 68 communities in Northern region alerted as Burkina Faso monitors water levels
2 hours -
ECG announces power outages in Central, Eastern and Western Regions on Thursday
2 hours -
THE LAW 101: Tempus Non Currit – Why the sacred silence of the Legal Vacation protects justice (Part I)
3 hours -
God does not take campaign instructions
3 hours