• Home
  • News
    • Education
    • Foreign News
    • Health
    • Technology
  • Top Stories
  • Politics
  • Business
  • Entertainment
    • Cartoon
    • Celebrity Gist
    • Sports
  • Interview
  • Opinion
  • Videos
  • Blog
Saturday, June 14, 2025
  • Login
  • Home
  • News
    • Education
    • Foreign News
    • Health
    • Technology
  • Top Stories
  • Politics
  • Business
  • Entertainment
    • Cartoon
    • Celebrity Gist
    • Sports
  • Interview
  • Opinion
  • Videos
  • Blog
No Result
View All Result
  • Home
  • News
    • Education
    • Foreign News
    • Health
    • Technology
  • Top Stories
  • Politics
  • Business
  • Entertainment
    • Cartoon
    • Celebrity Gist
    • Sports
  • Interview
  • Opinion
  • Videos
  • Blog
No Result
View All Result
No Result
View All Result

China Launches Comprehensive Zero-Tariff Initiative for African Partners

QuickTell News by QuickTell News
June 14, 2025
in Foreign News
0
China Launches Comprehensive Zero-Tariff Initiative for African Partners

China has officially launched a sweeping zero-tariff policy covering all 53 African nations with diplomatic relations, including Nigeria, marking a significant expansion of economic cooperation under the Forum on China-Africa Cooperation (FOCAC) framework.

The announcement emerged from high-level discussions in Changsha between Chinese officials and African foreign ministers, where participants endorsed the Changsha Declaration aimed at deepening bilateral economic partnerships established during the 2024 Beijing Summit.

China’s Ministry of Foreign Affairs confirmed that the initiative will extend zero-tariff treatment to 100 percent of tariff lines for participating African countries, effectively removing trade barriers for African exports to the Chinese market. Only Eswatini remains excluded from the arrangement due to the absence of formal diplomatic ties with Beijing.

The declaration emphasized the growing influence of developing nations and stressed the need for collaborative approaches to global challenges. Representatives from China, the 53 African nations, and the African Union Commission committed to building what they termed an “all-weather China-Africa community with a shared future for the new era.”

The statement directly addressed global trade tensions, criticizing what it described as rising unilateralism, protectionism, and economic coercion. The declaration specifically called on countries, particularly the United States, to address trade disputes through dialogue based on mutual respect rather than confrontational measures.

China’s commitment extends beyond tariff elimination to include comprehensive development support. For Africa’s least developed countries, the package encompasses enhanced market access, streamlined inspection and customs procedures, and expanded technical training programs to facilitate trade.

The Chinese government also pledged support for the African Union’s Agenda 2063, focusing on modernization and sustainable development initiatives across the continent. Plans include implementing the China-Africa Economic Partnership for Shared Development, with cooperation spanning green industries, e-commerce, technology, artificial intelligence, finance, and legal frameworks.

Cultural and educational exchange also features prominently in the expanded partnership, with China announcing the “2026 Year of People-to-People Exchanges” to strengthen interpersonal connections between the regions.

The initiative builds on agreements signed during President Bola Tinubu’s participation in the Beijing summit in September 2024, where he concluded five memoranda of understanding with Chinese President Xi Jinping. Tinubu had praised the China-Africa relationship as a “true testament” to the power of mutual respect and cooperation.

Nigeria’s Foreign Affairs Minister Yusuf Tuggar recently confirmed that the bilateral agreements with China are progressing through various implementation stages, indicating concrete steps toward realizing the expanded partnership goals.

The zero-tariff policy represents China’s largest trade liberalization measure for African partners and comes amid calls from Chinese officials for increased international development assistance to address Africa’s economic challenges. The ministry emphasized that African nations require enhanced support for poverty reduction and infrastructure development rather than aid reductions.

The comprehensive approach signals China’s intention to strengthen its position as Africa’s primary trading partner while providing African economies with improved access to one of the world’s largest consumer markets. The initiative is expected to boost African exports significantly and create new opportunities for economic growth across the co

Tags: AFRICACHINATarriffs
QuickTell News

QuickTell News

Next Post
President Tinubu to Address Joint Session of National Assembly, Forgoes Nationwide Broadcast

Tinubu Condemns Iran-Israel Military Escalation, Calls for Dialogue

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

President Tinubu to Address Joint Session of National Assembly, Forgoes Nationwide Broadcast
Top Stories

Tinubu Condemns Iran-Israel Military Escalation, Calls for Dialogue

by QuickTell News
June 14, 2025

The Tinubu Administration has strongly condemned the escalating military confrontation between Iran and Israel, calling for an immediate end to...

Read more
China Launches Comprehensive Zero-Tariff Initiative for African Partners

China Launches Comprehensive Zero-Tariff Initiative for African Partners

June 14, 2025
EFCC Inaugurates Radio Station to Combat Fake News

Banking Executives Arraigned Over Alleged $12 Million Money Laundering Scheme

June 14, 2025
Sowore Urges Civil Society to Protest Independently Amidst Tensions with NLC

Sowore Threatens Legal Action if Included in Tinubu’s June 12 Honor List

June 14, 2025
Nigerians Dispute Presidency’s Claims on Declining Food Prices

Federal Ministry of Agriculture Abruptly Cancels Prayer Sessions as Food Crisis Deepens

June 14, 2025
Presidency Tells Abiola Family to File Formal Claim Over Alleged ₦45 Billion Debt

Presidency Tells Abiola Family to File Formal Claim Over Alleged ₦45 Billion Debt

June 14, 2025
President Tinubu Calls for Unity and Dialogue Amidst Nationwide Protests

President Tinubu Honors Democracy Heroes, Confers National Honours on 26th Democracy Day

June 13, 2025
Death Toll Among Medical Professionals Rises After Air India Crash Devastates Ahmedabad Hostel

Death Toll Among Medical Professionals Rises After Air India Crash Devastates Ahmedabad Hostel

June 13, 2025
Wike Reportedly Meets Tinubu In France,May Support APC Candidate

Wike Declares Opposition Coalition Against Tinubu “Killed” by President’s Performance

June 11, 2025
Kashim Shettima: 2 Years In The Saddle With A Visionary, Historical Reformer

Inside VP Shettima’s Philosophy of Humble Service

June 11, 2025
Fayose Condemns ₦39 Billion ICC Renovation as “Ego Construction” Amid Economic Crisis

Fayose Condemns ₦39 Billion ICC Renovation as “Ego Construction” Amid Economic Crisis

June 11, 2025
President Tinubu to Address Joint Session of National Assembly, Forgoes Nationwide Broadcast

Nigeria’s 26th Democracy Day to Feature Presidential Address, National Assembly Session Instead of Traditional Military Parade

June 11, 2025
FCT Minister, Nyesom Wike

Legal Expert Warns of Diplomatic Crisis as FCT Deadline Passes for Embassy Ground Rent

June 10, 2025
Trump Pauses Mexico Tariffs After Agreement with President Sheinbaum

Trump Proposes $1,000 Federal Investment Accounts for American Children

June 10, 2025
Strike: ASUU Demands Are Unreasonable – Umahi

Umahi Calls on Southeast to Rally Behind Tinubu, Cites End of Federal Neglect

June 10, 2025

Categories

  • Blog
  • Business
  • Cartoon
  • Celebrity Gist
  • Education
  • Entertainment
  • Foreign News
  • Health
  • Interview
  • Opinion
  • Politics
  • Special Features
  • Sports
  • Technology
  • Top Stories
  • Videos

Tags

#EndBadGovernance protest 2023 election Abuja apc buhari cbn court EDO STATE EFCC election fct federal government FRAUD Governor Siminalayi Fubara inec INSECURITY ipob KANO STATE kidnapping kogi state labour party lagos lagos state minimum wage modern national assembly news nigeria nlc NNAMDI KANU NYESOME WIKE nyesom wike ONDO STATE PDP PETER OBI politics PRESIDENT BOLA AHMED TINUBU president bola tinubu PRESIDENT TINUBU PROTEST QUICKTELL NEWS rivers state soledad supreme court tinubu
  • Home
  • Privacy Policy
  • About us
  • Contact us

© 2024 QuickTell News

No Result
View All Result
  • Home
  • News
    • Education
    • Foreign News
    • Health
    • Technology
  • Top Stories
  • Politics
  • Business
  • Entertainment
    • Cartoon
    • Celebrity Gist
    • Sports
  • Interview
  • Opinion
  • Videos
  • Blog

© 2024 QuickTell News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In