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1206 CAT zero tariff web.mp3
China has granted zero-tariff access to its market for products from 33 African countries starting December 1, 2024. This move significantly lowers costs for African exports, boosts competitiveness, and strengthens economic ties between Africa and China. Find out more about how this game-changing policy impacts African economies with Lamin Dampha, the Permanent Secretary at The Gambia's Ministry of Trade, Industry, Regional Integration and Employment and Chen Huiyi, Research and Coordination Analyst with Development Reimagined.
1. Zero-tariff treatment isn't new: China has been implementing favorable market access policies for African countries since 2003. (2:30)
2. The policy is set to attract more international investors to African nations including The Gambia. (6:00)
3. The move helps elevate African products further up the global value chain. (19:13)