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st January 2021. The Protocol on Trade in Goods The Protocol on Trade in Services The Protocol on Rules & Procedure on the settlement of disputes The Protocol Investment. The Protocol Competition Policy,
THE OPERATIONAL INSTRUMENTS OF THE AFCFTA
[1] The Rules of Origin: A regime governing the conditions under which a product or service can be traded duty free across the region
[2] The Tariff concessions:
: It has been agreed that there should be 90% tariff liberalisation. Over a 10 year period with a 5 year transition, there will be an additional 7 % for “sensitive products that must be liberalised. This will be supported by the AfCFTA Trade in Goods online portal where Member States will upload their tariff offers covering 90% of the tariff lines.
Business leaders ramp up pressure on ministers over Brexit transition support
Industry bodies have called for special tax reliefs and a voucher scheme to cover extra costs facing firms, such as legal advice
29 December 2020 • 6:00am
Business leaders have urged ministers to support firms scrambling to adjust to post-Brexit trade arrangements as officials discuss financial help to ease the transition.
The Government was urged by business groups to provide financial support and updated guidance for firms “frantically” trying to prepare after the Brexit deal was struck just days before the end of the transition period. The Institute of Directors (IoD) and Federation of Small Businesses (FSB) called for a voucher scheme to cover extra costs facing firms, such as legal advice.