AfCFTA: Three details to note as the largest free-trade agreement kicks off in Africa

Nii Ntreh January 04, 2021
AfCFTA: Three details to note as the largest free-trade agreement kicks off in Africa
Rules of origin in the AfCFTA preempts a significant globalization age in Africa. Photo Credit: Quora

Rules of origin

Rules of origin in the legal documents that established the AfCFTA touches on among other things, the “Certificate of Origin” which means the documentary proof of origin; “Chapter” which refers the two-digit Chapters code used in the nomenclature; “CIF Value” which is the price paid by the importer as well as “Classified” which speaks to the classification of a Product or Material under a particular Heading or Sub-heading.

Rules of origin in the AfCFTA is supposed to standardize ambitions of intellectual property as well as ambition. These rules preempt a significant globalization process in Africa.

Last Edited by:Mildred Europa Taylor Updated: January 4, 2021

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