The Fourteenth (14th) Meeting of The Africa Continental Free Trade Area (AfCFTA) Committee of Senior Trade Officials (CoSTO) commenced today the 6th of February 2023 in Gaborone, Botswana.
Speaking on behalf of the Africa Economic Zones Organization, Mike Ocquaye Jnr, CEO of Ghana Free Zones Board presented a Policy Brief on AfCFTA regulations on SEZ.
The Policy Brief espoused key measures and recommendations for addressing challenges related to the payment of duties and taxes on non-originating inputs used in the manufacture of SEZ products.
He also touched on the possibility of introducing exemption provisions for countries that do not intend to grant preferential access to SEZs products.
Finally, the paper delivered on behalf of AEZO proposed a revision of the definition of SEZs in Annex 2 (Rules of Origin) of the Protocol on Trade in Goods to consider other categories of customs economic regimes.
Source:Mybrytfmonline.com/Kwabena Nyarko Abronoma
