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Cross-border digital payment systems to reduce barriers to international trade for LDCs

Friday, 24 March 2023 10:11

A joint paper from the World Trade Organization (WTO), the United Nations Office of the High Representative for the Least-developed Countries and Small Islands Developing States (UNOHRLLS) and the Enhanced Integrated Framework (EIF) outlines the opportunities offered by digital trade to reduce barriers to international trade for Less Developed Countries (LDCs), so to overcome the obstacles that SMEs and startups in such countries typically face.

Tax neutrality critical for the good functioning of the EAC Customs Union and Common Market

Friday, 17 March 2023 09:04

While customs duties on EAC-originating goods have been completely eliminated in intra-EAC trade, unharmonised excise duties levied on the movement of goods and services across the region continue to restrict trade, creating an unlevel playing field between traders and preventing the EAC Partner States from reaching a deeper level of integration. A recent study made by KPMG for the East African Business Council (EABC) takes stock of the discriminative taxes that currently exist in the EAC Partner States, assessing their impact on intra-EAC trade and investment, and trying to draw lessons from the experience of the European Union in harmonizing such a type of taxes.

AfCFTA: what you need to know

Tuesday, 14 March 2023 10:09

A new booklet from the Africa Trade Policy Centre of the United Nations Economic Commission for Africa gathers a series of frequently asked questions on the main features and objectives the African Continental Free Trade Area, trying to answer them in a language that is accurate but also non-technical and accessible at the same time.

Namibia to host the Tripartite TRIPS and CMTS systems

Tuesday, 28 February 2023 14:32

Today (28 February 2023) a celebration was held in Namibia for the official launch of the Transport Register and Information Platform System (TRIPS) and the Corridor Trip Monitoring System (CMTS). Namibia will host the ICT infrastructure and the servers of the two systems, which are currently piloted in four Tripartite member States: Namibia, Botswana, Zambia and Zimbabwe, to be soon joined by Malawi and Mozambique where they are currently being installed.

Comoros National Assembly gives go-ahead for AfCFTA ratification

Sunday, 12 February 2023 07:42

On Monday 30 January 2023, the National Assembly of the Union of Comoros opened its first extraordinary session of the year 2023. One of the main issues tabled for discussion was the approval of a bill authorising the President of the Union of the Comoros to ratify the Agreement on the Establishment of the Continental African Free Trade Area (AfCFTA). This bill was unanimously adopted on 6 February, after the Foreign Relations Commission of the National Assembly concluded the audition of the Minister of Foreign Affairs, who illustrated the advantages for Comoros to join the Agreement in an audition held on 31 January, summarizing them in two concepts: 1) increase in the volume of trade with other African nations and 2) opportunity to stimulate export diversification in Comoros.

News

Cross-border digital payment systems to reduce barriers to international trade for LDCs

Tax neutrality critical for the good functioning of the EAC Customs Union and Common Market

AfCFTA: what you need to know

Namibia to host the Tripartite TRIPS and CMTS systems

Comoros National Assembly gives go-ahead for AfCFTA ratification

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