China offers zero-tariff treatment to Ethiopia

Addis Ababa, February 21, 2023 (FBC) – China will grant zero-tariff treatment to 98 percent of taxable items originating from Ethiopia, Burundi and Niger from March 1, 2023, according to a statement released by the Customs Tariff Commission of the State Council of the People’s Republic of China.

The new step is conducive to materializing the spirit of China-Africa friendship and cooperation, helping the least developed countries accelerate their development, and building an open global economy, the commission said.

China will move further to gradually expand such treatment to all the least developed countries that have established diplomatic ties with China, it added.

Zhao Zhiyuan, Ambassador of China to Ethiopia, said that his country will offer zero-tariff treatment to 98 percent of the tariff line, with 8804 items of products, originating from Ethiopia.

“I am confident that this preferential treatment will help boost Ethiopian exports to China, bring more benefits to Ethiopian people and further strengthen the friendship between our two peoples”, said Ambassador Zhao on his twitter account.