
China Pioneers Zero Tariffs for 33 African Least Developed Countries
China becomes the first major economy to grant zero tariffs to 33 Least Developed African nations, fostering enhanced China-Africa trade relations starting December.
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China becomes the first major economy to grant zero tariffs to 33 Least Developed African nations, fostering enhanced China-Africa trade relations starting December.
China’s new zero-tariff policy for least developed countries marks a significant step in promoting free trade and supporting global economic recovery amidst rising protectionism.
China will extend zero-tariff treatment to 100% of tariff lines from all least developed countries starting December 1, 2024, to boost global development and strengthen international trade relations.