International Trade Agreements with Democratic Republic of Congo

International Trade Agreements with Democratic Republic of Congo

images (3)

  • Southern African Development Community : Free Trade Agreement

Current signatories include; Angola, Botswana, Lesotho , Malawi, Mozambique, Swaziland, Tanzania, Zambia, Zimbabwe, Namibia, South Africa, Mauritius, Democratic Republic of the Congo, Seychelles .

The SADC Trade Protocol provides that SADC Member States shall accord each other Most Favoured Nation Treatment on goods traded between them. This covers import and export duties, non-tariff barriers as well as quantitative import and export restrictions. This means that goods originating from Botswana and destined for any of SADC member states will on arrival at country of destination enjoy reduced tariff rates, no non-tariff barriers and reduced quantitative restrictions.

  • Common Market For Eastern and Southern Africa(COMESA):

Current Signatories: Democratic Republic of the Congo, Burundi, Comoros, Djibouti, Egypt, Eritrea, Ethiopia,Kenya,Libya,Madagascar,Malawi,Mauritius,Rwanda,Seychelles,Sudan,Swaziland,Uganda,Zambia, Zimbabwe.

  • US – COMESA -Trade & Investment Framework Agreement (2001)
  • Africa Free Trade Zone

Current Signatories: Angola, Botswana, Burundi, Comoros, Djibouti, Democratic Republic of Congo, Egypt, Eritrea, Ethiopia, Kenya, Lesotho, Libya, Madagascar, Malawi, Mauritius, Mozambique, Namibia, Rwanda, Seychelles, Swaziland, South Africa, Sudan, Tanzania, Uganda, Zambia, and Zimbabwe.

About The Author

John Muhaise-Bikalemesa (JMB), is the founder of blog and company. Learn more about him here and connect with him on his social medias below

Related posts