Zambia Regional Trade Agreements

He called on the AU to accelerate work on other areas, such as market access offers, trade in services negotiations, competition, investment and intellectual property. It describes the bilateral and multilateral trade agreements to which that country belongs, including with the United States. Includes websites and other resources that allow U.S. companies to get more information about how they can use these agreements. LUSAKA, July 9 (Xinhua) — The Zambian government said Tuesday that the operationalization of the Continental Free Trade Area (AfCFTA) is an important step in promoting trade in Africa and economic integration. Zambia has duty- and quota-free access to the EU market under the “Everything but Arms” (EBA) programme for the world`s least developed countries (LDCs). Zambia is also entitled to commercial benefits under the African Growth and Opportunity Act (AGOA), which provides duty- and quota-free access to the U.S. market for most products, including textiles and clothing. See the TPR gateway for statements and context Xinhua Titles: 70 years later, China`s steel giant is heading into the bright future Christopher Yaluma, the Minister of Trade, Trade and Industry said the opening of the market in Africa offers huge opportunities for technology transfer and create synergies to stimulate economic growth and development.

This page gathers important information on Zambia`s participation in the WTO. Zambia has been a member of the WTO since 1 January 1995 and a member of the GATT since 10 February 1982. The creation of a single market through the merger of the tripartite free trade area (COMESA, The East African Community [EAC] and SADC) was officially launched in June 2015. Zambia is part of the 21-member common market for East and South Africa (COMESA), which allows tariff preferences between member states. Zambia is also part of the 16-member Southern African Development Community (SADC), which concluded a free trade agreement in 2008. AfCFTA is governed by five operational instruments, namely the rules of origin, the online trading forum, monitoring and removal of non-tariff barriers, a digital payment system and the African Trade Observatory. . On Monday, at the 12th Extraordinary Summit of African Union (AU) Heads of State and Government in Niamey, Nigeria, African leaders launched the afCFTA operational phase.

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