China expands tariff-free access to African Nations amid direct investments drop
China has announced the expansion of its zero-tariff policy to cover 53 African nations, a move expected to significantly shift global trade dynamics and maritime logistics.
The new measure, unveiled during a high-level meeting in central China under the Forum on China-Africa Cooperation (FOCAC), extends preferential trade terms to include not only the continent’s least-developed countries but also several middle-income economies.
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The post China expands tariff-free access to African Nations amid direct investments drop appeared first on Container News.
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