Finatrack Global Ltd

Carmaker eyes removal of tariffs under African Continental Free Trade Area
TOKYO — Mitsubishi Motors will begin producing compact commercial vehicles in Kenya in early August, as tariffs in Africa are expected to be lifted in the near future under a regional free trade agreement that took effect in 2021.
With African nations stepping up efforts to develop their own auto industries to take advantage of the removal of inter-African tariffs, Isuzu Motor and Toyota Motor will also increase production on the continent.
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