China To Eliminate Tariffs For 33 Underdeveloped States

Law360, New York (June 24, 2010, 4:22 PM EDT) -- China plans to ax tariffs on more than 4,700 types of products ranging from textiles to steel to livestock imported from 33 of the world's least developed countries, including about half of all African nations.

The country will begin giving zero-tariff status to the imports July 1, China's Ministry of Finance said Wednesday.

The policy will affect imports from 26 African countries and seven from other continents. Ethiopia, Rwanda and Afghanistan are among the affected countries.

The move is part of the Chinese government's efforts to...
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