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In Order to Increase Business, China Claims That It is going to Remove All Taxes on African Exports

Posted on :Thursday , 3rd July 2025

China stated it will negotiate and sign a new economic agreement with Africa that will eliminate any taxes on the 53 African countries with which it has diplomatic relations. This agreement could help middle-income countries.

 

The new program will level the playing field by providing middle-income nations with comparable market access to the duty- and quota-free market access that the Asian economic powerhouse provides to least developed countries (LDCs), including those in Africa.

 

According to China's foreign ministry, "China is ready to... welcome quality products from Africa to the Chinese market" following a meeting between African foreign ministers and top Chinese officials in Changsha to examine the implementation of promises made during a conference in Beijing last September.

 

Given the substantial difficulties that companies in LDCs like Tanzania or Mali may encounter from their more established counterparts in South Africa once the market is fully opened, China promised to take further steps to assist LDCs, such as marketing promotion and training.

 

According to commentators, Beijing's action may make it easier for comparably developed nations with sizable bases for value-added product production to tap into China's enormous market.

 

Hannah Ryder, founder of Development Reimagined, a consultancy with an Africa focus, stated, "It allows middle-income countries like Kenya, South Africa, Nigeria, Egypt, and Morocco... to be able to enter the Chinese market now duty-free."

 

Africa-China trade has been increasing recently, but it is still strongly skewed in favour of China, it had a $62 billion surplus last year.

 

"Trade deficits will continue to grow unless we have an equivalent increase of African exports to China," Ryder stated, adding that the Beijing-announced effort might aid in trade balance.

 

Following a break due to the epidemic, China returned to large-scale financial agreements for Africa last year when it committed 360 billion yuan ($50 billion) in credit lines and investments to African countries over three years during the Beijing summit.

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