ZIMBABWE is still fine-tuning its tariff offer framework for member states of the African Continent Free Trade Area (AfCFTA).
This is despite the fact that Zimbabwe ratified the treaty in May 2019, becoming one of the earliest countries to embrace the deal as the government continues to search for new entry opportunities for local companies into the lucrative African market outside of its traditional trading areas.
The AfCFTA agreement came into effect on January 1, 2021.
A total of 54 of Africa’s 55 countries have agreed, in principle, to participate in the agreement, and 41 have submitted their tariff offers.
Only Eritrea remains as the sole outsider to date.
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