NEW: EU grants preferential tariff treatment for Zim exports



Sunday mail

Online journalist

Zimbabwe’s exports to the European Union (EU) are now eligible for preferential tariff treatment.

Preferential tariff treatment is a special exemption granted to products imported into the territory, reducing or suspending the import levy, and is likely to stimulate Zimbabwean exports to the EU.

Reads a notice published in the Official Journal of the European Union dated September 27, 2020:

“This notice is published for the information of customs authorities, importers and economic operators, who are involved in imports into the EU of products originating in Zimbabwe under the EU-ESA Interim Economic Partnership Agreement ( the “APEi”).

‘Following a notification made by Zimbabwe to the Customs Cooperation Committee of the EU-ESA EPAI activating Article 18 (3) of Protocol 1 of the EU-ESA EPAI (1), from July 1, 2021, products originating in Zimbabwe must, when imported into the EU, benefit from the preferential tariff treatment of the iEPA on presentation of an invoice declaration made out, as provided for in Article 23 of Protocol 1 ” .

To benefit from this facility, Zimbabwean exporters must register to be on the EU exporters list.

Those whose export shipment is less than 6,000 euros (EUR) are automatically eligible.



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