Ethiopia’s trade negotiators are taking cautious steps to minimize revenue losses from the impending full implementation of the African Continental Free Trade Area (AfCFTA).
Officials at the Ministry of Trade and Regional Integration are organizing close to 6,500 goods and services into three tariff brackets under the free trade agreement. The first comprises 90 percent of the goods and is designated tariff-free.
The second bracket constitutes ‘sensitive’ goods and services that may be subject to tariffs, while the third lists 192 items that are excluded entirely from the free trade agreement.
The Ethiopian government submitted its tariff offer to the AfCFTA secretariat in Ghana in November, nearly three years after the free trade agreement was officially initiated in January 2021.
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