WTO deal to cut Tarriffs on IT goods

This is the best news from the conference. In principle a number of ICT goods should be duty free within the next 3 years. The question is whether KRA will agree to lose all that revenue/ WTO deal to cut tariffs on ICT goods SHARE BOOKMARKPRINT <http://www.businessdailyafrica.com/WTO-deal-to-cut-prices-of-ICT-goods/-/539546/3000042/-/view/printVersion/-/6h1fwlz/-/index.html> RATING US Trade Representative Michael Froman at a press briefing at Jomo Kenyatta International Airport, Nairobi on December 16, 2015. DIANA NGILA DIANA NGILA (NAIROBI) By GEORGE OMONDI, omondi@ke.nationmedia.com Posted Thursday, December 17 2015 at 10:23 IN SUMMARY - The deal means signatories will be required to eliminate custom taxes on goods such as computers, semiconductors, telecommunication instruments, data storage media and software. - A number of civil society organisations have, however, criticised the pact, saying free flow of IT products will create another wave of unemployment in places such as Africa as machines take up human jobs. - The list of products includes medical equipment such as scanners, home hi-fi systems, headphones, DVR players, semi-conductors and GPS devices. Also covered are electronics such as TV-cameras, video recording, digital car radios and set-top boxes for digital TV reception.
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Kevin Omondi