Senior trade ministry experts and heads of customs from 19 countries forming the Common Market for Eastern and South Africa (COMESA) met in Nairobi Friday to agree on a harmonized list of products and taxes to be charged on those products, officials said.
Francis Mangeni, Director of Trade, Customs and Monetary Affairs at the COMESA Secretariat, said in Nairobi the customs experts and other ministry of trade officials met to discuss a new list of 6,000 products that are traded around the world to agree on the common taxation and how to classify them.
Francis Mangeni, Director of Trade, Customs and Monetary Affairs at the COMESA Secretariat said,
The customs officers meet every five years to review the list of products provided by the World Customs Organisation so that we can come up with the agreed taxes for each of the products. We also meet to agree on the rules of origin and how to differentiate the products from our member states.
Read more. Source | Coast Week