Indonesia and Mozambique Sign Deal to Cut Tariffs
Indonesia and Mozambique signed a preferential trade agreement Aug. 27 that will cut tariffs on trade in some products between the two countries, according to a report from the Mozambique News Agency. Under the deal, Mozambique will lower tariffs on…
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217 tariff lines covering fishery products, fruits, palm oil, margarine, rubber, soap, paper products, and textile products, according to a report in the Indonesian news magazine Tempo. Indonesia will cut tariffs for Mozambique on 242 tariff lines covering products including cotton, tobacco and nuts, Reuters said.