AfCFTA: REDUCTION OF TARIFF ON PRODUCTS TRADED IN AFRICA – Pavestones Legal
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AfCFTA: REDUCTION OF TARIFF ON PRODUCTS TRADED IN AFRICA – Pavestones Legal
BY SEUN TIMI-KOLEOLU AND HILLARY OKOROTIE Introduction The African Continental Free Trade Area (AfCFTA) agreement was entered into in 2018 with the primary aim of promoting commerce and creating a single market that liberalizes trade among state parties in Africa. One of the ways this goal is to be achieved is by reducing tariffs on goods traded between state parties. Given the importance of tariff reduction to the liberalization of trade in Afr…
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