Rwanda has marked the commencement of trade with Ghana under the African Continental Free Trade Area (AfCFTA) Guided Trade Initiative (GTI) in a major step towards promoting intra-African trade.
The milestone was celebrated in Accra yesterday, with the launch of a Made-In-Rwanda exhibition to showcase a shipment of premium agro-processed Made-in-Rwanda products such as coffee, tea, honey and avocado-based products to the Ghanaian market.
The GTI allows commercially meaningful trading between selected parties to test the operational, institutional, legal and trade policy environment under AfCFTA.
Eight countries, Cameroun, Egypt, Ghana, Kenya, Mauritius, Rwanda, Tanzania and Tunisia, representing five regions of Africa, have been selected to provisionally start trading in goods on a pilot basis.
The AfCFTA Secretariat will support the eight countries to trade, from shipment to customs clearing, and will present an opportunity to monitor the impacts of trade documents and procedures on pre-selected goods to get a sense of whether tariffs are reduced in line with AfCFTA procedures.
Source: Graphic Business
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