Understanding Central Africa’s New Common Tariff
There have been changes proposed to trade regulations throughout Central Africa that have been getting a lot of news coverage lately. There are efforts underway to consolidate the Economic and Monetary Community of Central Africa (CEMAC) and the Economic Community of Central African States (ECCAS) communities into one customs union by creating new tariffs. If the 11 nations that make up that region agree to the tariffs, the new rates will go into effect in…
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