Friday, May 18, 2007

COMESA trade ministers agree external tariffs - Kenya

(Reuters) - Trade ministers of COMESA, whose members comprise 20-African nations, have agreed on a common external tariff system, Kenyan President Mwai Kibaki said on Friday.

He said under the accord, reached in Nairobi on Thursday, the common tariff will be 25 percent for finished goods, 10 percent for intermediate goods and zero for raw materials.


Read more at Reuters Africa

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