{"id":461360,"date":"2018-07-20T12:44:28","date_gmt":"2018-07-20T11:44:28","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=461360"},"modified":"2018-07-20T12:44:28","modified_gmt":"2018-07-20T11:44:28","slug":"african-union-the-rules-of-origin-of-zlecaf-a-real-instrument-to-stimulate-industrial-and-agricultural-development","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2018\/07\/20\/african-union-the-rules-of-origin-of-zlecaf-a-real-instrument-to-stimulate-industrial-and-agricultural-development\/","title":{"rendered":"African Union: the rules of origin of ZLECAF, a real instrument to stimulate industrial and agricultural development"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>Senegal&#8217;s director of foreign trade, Fallou Mbow Fall, said the rules of origin (RO) established in the African Continental Free Trade Area (ZLECAF) are a real boon for the industrial and agricultural development of member countries. This, thanks to its formulations that can inform on the tendency of the region to develop the agricultural and industrial sectors.<br \/>\nThis announcement was made Tuesday, July 17 in Dakar, on the sidelines of the national consultations on goods and services to be liberalized in this area of \u200b\u200bfree economic exchange.<br \/>\nThe director said that the RO will also contribute significantly to the development of intra-African trade, the first objective of the ZLECAF.<br \/>\nBringing clarification on the technical aspects of ZLECAF ROs, the manager said &#8220;they must be simple and precise because it must not be confusing between economic operators, customs administrators and industrialists&#8221;. He added that &#8220;ROs must be easy to understand, transparent, predictable and stable&#8221;.<br \/>\nIn the same vein, Fallou Mbow Fall evoked the specific characteristics of ZLECAF ROs, which are at the same time preferential, non-preferential, hybrid and alternative.<br \/>\nFor the international trade specialist, ZLECAF ROs are somewhat similar to those established in the Economic Partnership Agreement (EPA), which are hybrid (General and Specific Rules of Origin).<br \/>\nComparing the ROs of the ZLECAF with those of the Economic Community of West African States (ECOWAS), the official informed that the latter are general and much simpler to apply.<br \/>\nNote that the rules of origin determine the &#8220;economic nationality of the goods&#8221;. They establish the conditions under which a good may be imported.<br \/>\nROs play a crucial role in the development of international trade as they allow the establishment of customs taxes and the establishment of trade policies that apply to traded goods.<br \/>\nThey are preferential when the property is exchanged between two States having a bilateral or regional agreement, or non-preferential when the property is exchanged between two States that have not concluded such an agreement.<br \/>\nRecall that each regional agreement establishes its own rules of origin. Currently, there are hundreds of different sets of rules of origin applied around the world.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Senegal&#8217;s director of foreign trade, Fallou Mbow Fall, said the rules of origin (RO) established in the African Continental Free Trade Area (ZLECAF) are a real boon for the industrial and agricultural development of member countries. This, thanks to its formulations that can inform on the tendency of the region to develop the agricultural and<\/p>\n","protected":false},"author":536116,"featured_media":461364,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12040],"tags":[325,15166,15167],"class_list":["post-461360","post","type-post","status-publish","format-aside","has-post-thumbnail","category-international-institutions","tag-african-union","tag-fallou-mbow-fall","tag-zlecaf","post_format-post-format-aside","pmpro-has-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>African Union: the rules of origin of ZLECAF, a real instrument to stimulate industrial and agricultural development - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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