C
Originally published by Capital News
📰 Read Full Article
top
April 30, 2026
6h ago

African Nations to Benefit From China’s Two-Year Zero-Tariff Regime

African Nations to Benefit From China’s Two-Year Zero-Tariff Regime

During the two-year implementation period, China will continue to promote the negotiation and signing of the agreement of China-Africa Economic Partnership for Shared Development with relevant African countries. - Kenya breaking news | Kenya news today | Capitalfm.co.ke..

✨ Key Highlights

China will extend its zero-tariff treatment to all African nations it has diplomatic relations with for a two-year period, from May 1, 2026, to April 30, 2028.

  • Zero-tariff treatment will apply to 100 percent of tariff lines for an additional 20 African countries, building on a previous policy for 33 least developed nations.
  • The initiative is driven by China, aligning with its commitment to expanding high-standard opening up and fostering mutually-beneficial cooperation.
  • This policy is part of China's broader strategy outlined in its 15th Five-Year Plan (2026-2030) to create a more open and predictable institutional environment for trade and investment.

Continue Reading

Read the complete article from Capital News

📰 Read Full Article
Advertisement

Related News

Advertisement