Ethiopia Updates Import Duty Rates
Ethiopia recently revised its tariff manual to update import duty rates for more than 8,000 items, the Hong Kong Trade Development Council reported Aug. 30. The manual, which previously provided rates for categories of products, now includes duties for “specific…
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products,” HKTDC said. The rate changes particularly affected manufacturing and agricultural goods, the report said, because Ethiopia hopes to replace imported finished goods with locally made items. The country eliminated or lowered tariffs on a range of industrial inputs, including ores, slag, fuels, oils, some spare parts for domestically assembled products and other raw materials, HKTDC said.