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China has granted zero tariffs to Least Developed Countries with established diplomatic relations, including 33 African countries, effective from December 1, 2024. This move significantly lowers costs for African exports, boosts competitiveness, and strengthens economic ties between Africa and its largest trading partner, China. With nations like The Gambia benefiting, this policy opens new doors for trade and investment while promoting shared development. Find out more about how this game-changing policy impacts African economies with Lamin Dampha, the Permanent Secretary at The Gambia’s Ministry of Trade, Industry, Regional Integration and Employment and Chen Huiyi, Research and Coordination Analyst with Development Reimagined.
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China has granted zero tariffs to Least Developed Countries with established diplomatic relations, including 33 African countries, effective from December 1, 2024. This move significantly lowers costs for African exports, boosts competitiveness, and strengthens economic ties between Africa and its largest trading partner, China. With nations like The Gambia benefiting, this policy opens new doors for trade and investment while promoting shared development. Find out more about how this game-changing policy impacts African economies with Lamin Dampha, the Permanent Secretary at The Gambia’s Ministry of Trade, Industry, Regional Integration and Employment and Chen Huiyi, Research and Coordination Analyst with Development Reimagined.
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