Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the Common External Tariff (CET)?

CET common external tariff
0
Posted

What is the Common External Tariff (CET)?

0

The CET is a rate of duty applied by all Members of the Common Market to a product imported from a country which is not a member of the Common Market. To date eleven (11) member states have implemented the fourth phase with the exception of St. Kitts and Nevis. The rate of duties under this phase range from 5% to 20% for More Developed Countries (MDCs) and 0-5% to 20% for Less Developed Countries (LDCs).

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123