The African Continental Free Trade Area (AfCFTA) Secretariat and the World Customs Organisation (WCO), have signed a memorandum of understanding (MoU) aimed at operationalising the tariff schedules and ensuring additional free and efficient movement of goods in Africa.
The MoU was signed in Brussels, Belgium, Wamkele Mene, Secretary-General of the AfCFTA Secretariat, and the Secretary-General of the WCO, Kunio Mikuriya.
The AfCFTA Secretariat and the WCO are united in their shared goal of increasing prosperity in Africa through the liberalisation of trade on the Continent.
This MoU represents the next logical step for the two organisations as they work to reduce barriers to trade across Africa by connecting Customs systems, populating the AfCFTA Tariff Book and providing capacity building for Customs officials and administration.
The collaboration is set to capacitate the AfCFTA with technological systems that would allow standardization of data and connectivity of Customs systems and a developed AfCFTA E -Tariff-Book.
It will help to enhance the skills and expertise of Customs officials in operationalising the AfCFTA; the migration of all AfCFTA Member States to HS 2022; and the effective start of trading using the AfCFTA Tariff Book.