Africa's largest trading bloc resolves 80 pct trade restrictive tariffs
Xinhua, March 26, 2015 Adjust font size:
Africa's trading bloc said it has resolved about 80 percent of Non-Tariff Barriers (NTBs) restricting trade, a statement emailed to Xinhua on Thursday said.
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," the statement said.
According to the statement, 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, the statement added.
"Part of the reason why reported NTBs take long to resolve is the different understanding the parties involved have regarding them," the statement said.
The online system was developed within the context of a tripartite arrangement among three African trade blocs namely COMESA, East African Community (EAC) and the Southern African Development Community (SADC), for reporting, monitoring and eliminating NTBs.
It is a systematic way of capturing, storing, monitoring and tracing progress towards elimination of NTBs among the tripartite countries. This dynamic online system provides a systematic and transparent process for identification and elimination of barriers to trade in the tripartite region. Endi