Senegal: Dakar to host meeting on ECOWAS Common External Tariff

Dakar, Senegal (PANA) - A national workshop on the ECOWAS Common External Tariff (CET) will be held Thursday in Dakar, Senegal, according to an official statement obtained Tuesday by PANA.

The meeting which will be chaired by the Minister of Economy and Finance, Amadou Ba, aims to "sensitize all economic stakeholders on the Community Common External Tariff ".

"The meeting specifically aims to introduce the ECOWAS CET as well as the various additional protective measures," the statement added.

The meeting will also provide an opportunity to "collect the various comments and concerns of stakeholders in relation to the implementation of the CET and to reflect on the flagship actions to be carried out for a successful implementation of the ECOWAS CET ."

Adopted in Dakar in October 2013 by the Summit of Heads of State and Government of the regional organization, the ECOWAS Common External Tariff will come into force on 1 January, 2015.

It is part of efforts from member countries to create a regional common market and aims to strengthen the economic integration process in West Africa.

Under the CET, the same duties and taxes will be applied on goods entering the West African community regardless of their points of entry and destination.

Founded in 1975, ECOWAS comprises 15 West African countries -- Burkina Faso, Cape Verde, Côte d'Ivoire, Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone, Senegal and Togo.
-0- PANA AAS/BEH/JEN/VAO 10June2014

10 june 2014 18:00:38




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