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China has announced full tariff exemptions on all imports from 53 African countries with diplomatic ties, expanding earlier limited duty-free programs to strengthen China-Africa trade and political relations.
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The new policy, revealed by President Xi Jinping, builds on previous China-Africa summit commitments and comes amid rising Chinese exports to Africa and tensions with U.S. trade policies like AGOA.
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African leaders, including Nigeria’s Foreign Minister, welcomed the move and called for deeper collaboration in technology and innovation, viewing China as a reliable partner in boosting African exports and development.
Source: furtherafrica.com
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