AfCFTA Rules of Origin 81 percent complete

AfCFTA Rules of Origin 81 percent complete


Summary short_text

Fechin Akoto is a Chief Revenue Officer of the GRA. The Rules of Origin in the legal documents that established the AfCFTA, touches on among other things, the "Certificate of Origin" which means the documentary proof of origin; "Chapter" which refers to the two-digit Chapters code used in the nomenclature; "CIF Value" which is the price paid by the importer; as well as "Classified" which speaks to the classification of a product or material under a particular Heading or Sub-heading.
"The fact of the matter is that Rules of Origin takes a long time to negotiate some have taken three years, eight years and haven't completed but we have completed our negotiations to this state in about three years. And I can tell you that the agreed rules are 81 percent complete from the analysis."


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