Portside staff trained in CET regulations
  • August 21, 2015
  • Portside News

Portside staff trained in CET regulations

Portside staff have taken part in training to learn about Economic Community of West African States (ECOWAS) new Common External Tariff, implemented on July 1, 2015.

The Common External Tariff* (CET) was adopted at a Heads of State Summit in October 2013 and the training – organised by the Customs Divisions of the Ghana Revenue Authority – was aimed at teaching staff about the new tariff, as well as other, more general aspects of regional integration.

In addition to information about the CET, its structures and proper application, the training also included:

  • Training in the proper application of HS
  • Training in customs valuation and classification processes
  • Training in safeguarding measures
  • Information about anti-dumping regulations and the measures to combat dumping

Further, various regional integration areas were examined and discussed, including a free trade area, customs union, common market, economic union and political union.

ECOWAS is already in the first stage of the Regional integration, which sees free trade area tariffs between member countries abolished or significantly reduced.

We are now working to implement the second stage of this integration.

For more info, visit ecowas.int

* The five band tariffs are as follows:

0% – essential social commodities

5% – essential commodities, raw materials, capital goods

10% – intermediate products

20% – consumer goods

35% – specific goods for economic development