Ver Angola


Deputies give the 'green light' to update the customs tariff. Document goes to global vote on Friday

The Specialty Committees of the National Assembly approved, this Wednesday, the Draft Legislative Authorization Resolution of the President of the Republic, as Holder of the Executive Power, to legislate on the Customs Tariff of Import and Export Duties. The document goes to a global vote next Friday, December 8th.


According to a statement from Parliament, to which VerAngola had access, the document passed the scrutiny of the specialty committees with 28 votes in favor, seven abstentions and no votes against.

The document will go to the global vote, scheduled for Friday, December 8th.

"The document, which will be submitted to a global vote next Friday, 8th, aims to review and update the Customs Tariff in force in the Republic of Angola, approved by Presidential Legislative Decree No. 10/19, of 29 November, in order to adapt it to the 2022 version of the Nomenclature of the Harmonized System (HS) of Commodity Description and Coding", reads the statement.

This legislative procedure, adds the statement, "provides for the adjustment of import duty rates applicable to imported goods and similar or identical products produced in the country, in order to encourage the increase and diversification of national production, particularly agricultural production and of industrial protection".

Furthermore, with this update, the Government also hopes to encourage the development of the manufacturing sector, as well as "stimulate the continuity of a series of industrial projects that, to date, are already capable of responding to the country's needs", such as also contribute to the decrease "in the volume of imports of finished products".

The deputies also gave the 'green light', in the specialty, to the Draft Resolution that approves the Ratification by the Republic of Angola of the Protocol of the Development Community of Southern African States (SADC) for the Protection of new varieties of Seeds.

"Unanimously, the deputies to the National Assembly also approved, in the specialty, with 36 votes, the Draft Resolution that approves the Ratification by the Republic of Angola of the Southern African States Development Community (SADC) Protocol for the Protection of new varieties of Seeds", the note reads.

According to the statement, the aforementioned protocol aims to encourage "seed reproduction and facilitate agricultural progress for the benefit of farmers in the region".

Furthermore, the statement said, the Draft Resolution approving the Accession of the Republic of Angola to the Statutes of Africa 50 - Project Development was also approved unanimously, with 31 votes.

"Africa 50 - Project Development estimates making investments in Angola in the order of 100 million to 2 billion dollars, in the Energy, Transport and Logistics, Technological Infrastructure and Water and Sanitation sectors, which could have a transversal impact in the most diverse sectors. To achieve this, Angola must subscribe to 100,000 shares, equivalent to a total value of one hundred million dollars", completes the note.


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