From Peru to the Himalayas: The world’s deadliest glacier disasters
A glacial collapse that triggered catastrophic flooding along the Nepal-Tibet border on Wednesday has killed at least 270 people, with more than 1,...
From Thursday, 1 May, goods from every African country with diplomatic ties to China will be able to enter the Chinese market without paying import duties.
It is a sweeping trade gesture that Beijing says makes it the first major economy to offer this kind of blanket, zero-tariff access to an entire continent.
The move extends a policy China had already begun rolling out to its trading partners in Africa’s emerging economies. Since December 2024, 33 African nations with diplomatic ties to China have enjoyed zero-tariff treatment across all product categories.
What changes now is that 20 additional African countries - those that are more economically developed but still maintain diplomatic relations with Beijing - are being brought into the same arrangement. The result is full coverage, with every African country that recognises China diplomatically included.
The policy will run for two years, from May 2026 to April 2028, and is framed as a stepping stone towards a longer-term trade agreement between China and African nations, known as the China-Africa Economic Partnership for Shared Development.
Beijing says the zero-tariff period is designed to build trust and momentum while that broader deal is negotiated and signed.
The timing carries symbolic weight. This year marks the 70th anniversary of diplomatic relations between China and Africa, and Beijing has been keen to use the occasion to deepen ties across the continent.
China’s commerce ministry described the policy as a significant measure, framing it as a contrast to what it called the rising tide of protectionism and unilateralism elsewhere in the world - a barely veiled reference to tariff disputes between Beijing and Washington.
For African exporters, the practical implications could be considerable. Reduced costs at the border mean goods such as agricultural products, minerals and manufactured items may become more competitive in the Chinese market, which is home to 1.4 billion consumers.
Kenya, for instance, has already been moving in this direction. It dispatched its first consignment of goods to China under a zero-tariff arrangement in March and Beijing’s ambassador there called the policy a milestone for trade ties.
There are nuances worth noting. For products that fall under tariff quota systems - where a country can export only a set quantity at a reduced rate before higher tariffs apply - only the in-quota rate will drop to zero. Goods exported beyond those quotas will still face standard duties.
This carve-out limits the scope of the policy for some commodity exports, though its overall reach across the continent remains historically significant.
Whether African countries can fully capitalise on the opportunity is a separate question. Access to a market and the capacity to serve it are two different things, and many African exporters face logistical, infrastructure and financing hurdles that no tariff policy can resolve on its own.
However, as an opening move, China’s decision to remove trade barriers for an entire continent is difficult to dismiss.
Oil prices fell after the U.S. expanded economic sanctions on Iran, as Tehran vowed to retaliate and warned it had tools to respond, raising concerns over potential disruption to regional oil supplies.
Rescuers in Nepal used helicopters on Thursday to scour for hundreds still missing after a wall of mud and rock collapsed into a river on the Himalayan border with China's Tibet, sending catastrophic floods through towns and valleys, killing 162 people.
Secretary of State Marco Rubio told allied foreign ministers Washington will focus on sanctions and other pressure on Iran “for the time being”, Axios reports. Meanwhile, Iran and Oman have resumed talks on a temporary shipping route through the Strait of Hormuz.
Kyiv has recently received a small number of U.S.-made Patriot interceptors capable of downing Russian ballistic missiles, Ukrainian President Volodymyr Zelenskyy has said. It comes as Britain and France pledged stronger military support for Ukraine.
Iranian President Masoud Pezeshkian has called for greater economic cooperation among Muslim countries, saying their combined economic weight remains disproportionately small compared with their population, strategic location and resources.
A glacial collapse that triggered catastrophic flooding along the Nepal-Tibet border on Wednesday has killed at least 270 people, with more than 1,000 still missing. Here are some of the most devastating glacier-related disasters recorded around the world:
The UN Children’s Fund (UNICEF) says 3.7 million children across Afghanistan are suffering from acute wasting, a dangerous form of malnutrition, including around one million with severe acute malnutrition, as hospitals and aid services face rising demand and funding shortages.
Kremlin Spokesperson Dmitry Peskov has dismissed media reports that CIA Director John Ratcliffe visited Moscow earlier this week to warn Russia against attacking NATO, dismissing them as "scare stories," which had nothing to do with reality.
Icelanders will vote on Saturday, 29 August, on whether to resume negotiations with the European Union, in a referendum that could reopen the country’s long-debated membership question.
Israel is set to return the body of a 15-year-old Palestinian boy more than nine months after he was killed by Israeli forces and his remains were placed in Israeli custody, according to a Palestinian campaign seeking the return of bodies.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment