TRADE

Cargo Ship

Report Non Tariff Barrier

Chambers of Commerce can now register on http://tradebarriers.africa to report any Non- Tariff Barrier (NTB) challenges in cross-border trade with other African Nations which will be addressed by respective Government. Member states can also report any complaints when trading goods across intra-African borders as well as unnecessary delays, fees at the borders, cumbersome document requirements, restrictive product standards and regulations. This online mechanism is open to all African traders: small, medium and large companies, informal traders, women and youth business operators.  Click Here to Register

Liberia National Trade Policy

The Liberia National Trade Policy (LNTP) is the country’s first policy document to holistically address policy issues which are related to trade. It therefore fills an important gap in Liberia’s policy framework for economic transformation, which has so far relied on a horizontal treatment of trade issues coupled with some selected trade-specific measures. Download the Policy(pdf)

World Trade Organization (WTO)

The World Trade Organization (WTO) deals with the global rules of trade between nations. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible. Liberia joined the WTO as its 163rd member on July 14, 2016, after nearly 10 years of negotiating its accession terms with WTO members.

 

Liberia is the eighth least-developed country (LDC) to accede to the WTO through negotiations.

African Continental Free Trade Area (AfCFTA)

The African Continental Free Trade Area (AfCFTA) agreement will create the largest free trade area in the world measured by the number of countries participating. The pact connects 1.3 billion people across 55 countries with a combined gross domestic product (GDP) valued at US$3.4 trillion. It has the potential to lift 30 million people out of extreme poverty, but achieving its full potential will depend on putting in place significant policy reforms and trade facilitation measures. (Source:  World Bank)

ECOWAS Trade Liberalization Scheme (ETLS)

The ECOWAS Trade Liberalization Scheme (ETLS) adopted in 1979 with an agreement on agricultural, artisanal handicrafts and unprocessed products, and extended to industrial products in 1990, is the main framework for trade and market integration in ECOWAS as it addresses protocols on the free movement of goods, persons and transportation.

African Growth & Opportunity Act (AGOA)

The African Growth and Opportunity Act (AGOA) was signed into law by President Clinton in May 2000 with the objective of expanding U.S. trade and investment with sub-Saharan Africa, to stimulate economic growth, to encourage economic integration, and to facilitate sub-Saharan Africa's integration into the global economy.  After completing its initial 15-year period of validity, the AGOA legislation was extended on June 29, 2015 by a further 10 years, to 2025.   Read More