Africa's largest trading bloc resolves 80% of restrictive tariffs
The Common Market for Eastern and Southern Africa (COMESA) said 385 out of 476 NTBs identified as most restrictive to trade in the region through an online reporting system have been resolved while seven were considered non-actionable, according to a statement released by the bloc's public relations officer Mwangi Gakunga.
Currently, eight categories of NTBs have been identified as most restrictive to trade in the region. They include Government participation in trade and restrictive practices tolerated by governments; lengthy customs and administrative entry procedures; technical barriers to trade and sanitary and phyto-sanitary measures.
Other barriers include specific limitations including quantitative restrictions, and quotas; charges on imports; transport, clearing and forwarding; and issues related to transit clearance; and other procedural restrictions.
Customs and administrative entry procedures lead in the number of NTBs reported at 37 percent followed by transport, clearing and forwarding with 17 percent and other procedural problems with 15 percent. ■