Definition
The gradual, scheduled reduction of customs duties on goods traded between members of the African Continental Free Trade Area over agreed transition periods. Tariff lines are liberalised in stages, with sensitive and excluded products treated differently. South Africa participates in the AfCFTA, which is implemented through SACU at the external tariff level.
Frequently asked questions
What is AfCFTA Tariff Phase-Down?
The gradual, scheduled reduction of customs duties on goods traded between members of the African Continental Free Trade Area over agreed transition periods. Tariff lines are liberalised in stages, with sensitive and excluded products treated differently. South Africa participates in the AfCFTA, which is implemented through SACU at the external tariff level.
Which glossary terms are related to AfCFTA Tariff Phase-Down?
AfCFTA Tariff Phase-Down is a regional trade term in the South African import/export industry. Related terms in the same area include AGOA (African Growth and Opportunity Act), CBAM (Carbon Border Adjustment Mechanism), Certificate of Origin, COMESA (Common Market for Eastern and Southern Africa), Common Customs Area (CCA) — each has its own plain-English definition in the TradeCaravan glossary.