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Perspectives on Industrial Development in NigeriaTariff Harmonization in West Africa and Africa: Prospects for the Nigerian Manufacturing Sector

Perspectives on Industrial Development in Nigeria: Tariff Harmonization in West Africa and... [Tariff harmonization and the adoption of a common external tariff have been a major goal of the founding fathers of the Economic Community of West African States (ECOWAS) since the formation of the regional economic community in 1975. However, over the next 25 years not much was achieved in this direction until the year 2000 when at a summit of the Heads of State of ECOWAS member states held in Abuja, Nigeria, it was resolved to adopt a common external tariff (CET) against third countries with effect from first January 2001. It was also resolved that the ECOWAS CET is to be based on the lowest custom duties currently applicable in the Community.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Perspectives on Industrial Development in NigeriaTariff Harmonization in West Africa and Africa: Prospects for the Nigerian Manufacturing Sector

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Publisher
Springer International Publishing
Copyright
© The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2021
ISBN
978-3-030-84374-8
Pages
233 –248
DOI
10.1007/978-3-030-84375-5_9
Publisher site
See Chapter on Publisher Site

Abstract

[Tariff harmonization and the adoption of a common external tariff have been a major goal of the founding fathers of the Economic Community of West African States (ECOWAS) since the formation of the regional economic community in 1975. However, over the next 25 years not much was achieved in this direction until the year 2000 when at a summit of the Heads of State of ECOWAS member states held in Abuja, Nigeria, it was resolved to adopt a common external tariff (CET) against third countries with effect from first January 2001. It was also resolved that the ECOWAS CET is to be based on the lowest custom duties currently applicable in the Community.]

Published: Jan 1, 2022

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