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China’s duties apply duties for the least developed countries

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The PRC government has pledged to support the access of goods from these countries in the Chinese market and expanding professional and technical training programs for their citizens.

China has announced the expansion of the policy of zero tariffs for importing goods from all the least developed countries of the world, related to diplomatic in Beijing. The corresponding message was submitted to the World Trade Organization at a meeting in Geneva.

In particular, China has completely deleted duties in all imports from 53 African partner countries. The PRC government also pledged support for accessing goods from these countries to the Chinese market and expanding professional and technical training programs for their citizens.

Beijing noted that these actions aim to stimulate economic growth in Africa, strengthen international trade and promote inclusive globalization. The initiative received a positive assessment from the WTO members, in particular African countries and the least developed state.

According to the UN, the list of at least developed countries includes 44 states, most of which are found in Africa. These countries have low income, limited human resources and high weakness in economic and environmental risks.

Earlier it was learned that China had come to introduce a zero fee to 100% of imported goods from 53 African countries related to diplomatic in Beijing.

Keep in mind that US representatives and China are in agreement with a framework of return to a trading truck and canceled China’s export restrictions on rare land elements.

China has made a statement about the multipolar world

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Source: korrespondent

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