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Investor Presentaiton

No. 23 2018 Central African Republic: Intra- Africa trade and tariff profile \tralac TRADE DATA UPDATE This Trade Data Update provides an overview of the Central African Republic's (CAR's) intra-African trade relationships, both within the Regional Economic Communities (RECs) and with other individual African countries; the top import and export products traded; and applicable tariffs. Data is sourced from the UN International Trade Centre (ITC) TradeMap and World Trade Organisation (WTO) Tariff databases. The update is accompanied by a visual representation of key data and trends in an infographic. Regional Economic Communities - The Central African Republic (CAR) belongs to three Regional Economic Communities (RECs) – the Community of Sahel-Saharan States (CEN-SAD), Central African Economic and Monetary Community (CEMAC), and the Economic Community of Central African States (ECCAS). CEN-SAD currently has 24 member states (Benin, Burkina Faso, Central African Republic, Chad, Comoros, Ivory Coast, Djibouti, Egypt, Eritrea, Gambia, Ghana, Guinea-Bissau, Libya, Mali, Mauritania, Morocco, Niger, Nigeria, Senegal, Sierra Leone, Somalia, Sudan, Togo and Tunisia) aspiring to the establishment of an Economic Union which includes the free movement of goods, services and commodities. In 2013 a revised CEN-SAD Treaty was approved, aimed at revitalising the region. The revised Treaty focuses on cooperation activities to foster peace, security and sustainable development and measures to adapt to climate change but has not yet entered into force, consequently there is currently no free trade agreement in place. CEMAC has six member states (Gabon, Cameroon, Central African Republic, Chad, Congo and Equatorial Guinea) which are all part of the CEMAC free trade area with a common external tariff (CET) applied to trade from outside CEMAC and a zero-rated generalised preferential tariff applicable to intra-CEMAC trade. The ECCAS member states are Angola, Burundi, Cameroon, Central Africa Republic, Chad, Congo, DRC, Equatorial Guinea, Gabon, Rwanda and São Tomé and Principe. Although the legal instruments of the ECCAS Free Trade Please consider the environment before printing this publication. Copyright © tralac, 2018 | www.tralac.org | [email protected] | Twitter @tradelawcentre
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