Angola: Exporters can sell products in Europe without tariffs

28 December 2007

Luanda, Angola, 28 Dec – Angola will be able to export any products except armaments from 1 Jan, 2008 to the European Union under the bloc’s General System of Preferences (GSP), the EU’s office in Luanda said Thursday.

The GSP replaces Europe’s existing trade regulations with the Africa, Caribbean and Pacific (ACP) group of countries, which ends on 31 Dec, offering tariff-free access to goods for nearly all products to Europe.

A note from the EU’s office in Luanda said that as Angola has not yet signed up to new World Trade Organization regulations with Europe, the GSP is the only current trade pact between the EU and Angola pending conclusion of negotiations on a new accord.

Under the new EU trade accord, all Angolan goods arriving in Europe from 1 Jan will have to be accompanied by documentation including proof of origin to benefit from the new customs tariff exemptions. (macauhub)