Mali, Niger, and Burkina Faso impose a 0.5% import levy on goods from ECOWAS member states.
PREMIUM TIMES NG
Mali, Niger, and Burkina Faso have implemented a 0.5% import levy on goods from ECOWAS member states as part of their economic strategy. This new tax was announced despite the regional group’s attempts to mediate economic sanctions following political disruptions in these countries. The move is expected to impact trade relations with ECOWAS, which may now face higher costs on imports to these nations.
The three countries argue that the levy is a necessary step to boost local revenue, while ECOWAS has expressed concern about the consequences for regional cooperation and integration.