China announces zero-tariff for Afghan products
China has decided to grant zero-tariff treatment to 98 percent of taxable products from Afghanistan, its ambassador announced on Wednesday.
The decision will come into force on December 1, Wang Yu, China’s ambassador in Kabul, said on Twitter.
“This decision is conducive to implementing China’s mutually beneficial and win-win strategy and assisting Afg to accelerate development,” Wang said.
Afghanistan is among 10 least-developed countries that will be granted zero-tariff treatment as part of the recent decision of China.
Other countries include Benin, Burkina Faso, Guinea-Bissau, Lesotho, Malawi, Sao Tome and Principe, Tanzania, Uganda and Zambia, China’s official Xinhua news agency reported citing the Customs Tariff Commission of the State Council.
The step is conducive to opening up with win-win outcomes, building an open global economy, and helping least-developed countries to accelerate their development, the commission said.
This policy measure will gradually expand to all the least-developed countries that have established diplomatic ties with China, it added.