For example, there are enormous opportunities from trade in services in Africa that are not dependent on a common external tariff being in place.
What does CXT stand for?
CXT stands for Common External Tariff
This definition appears somewhat frequently and is found in the following Acronym Finder categories:
- Military and Government
- Business, finance, etc.
See other definitions of CXT
We have 2 other meanings of CXT in our Acronym Attic
- Center for X-ray Optics (California)
- Channel X Radio Services (Louisville, KY)
- Charge-Exchange Recombination Spectroscopy
- Coherent X-Ray Scattering
- Conlang X-Sampa (linguistics)
- Constructors of Xtreme Sports (Denmark)
- Constellation Safety Engineering Review Panel (NASA)
- Chief Executives Steering Group
- C Exploration Tools (programming)
- Commercial Extreme Truck (International/Navistar)
Samples in periodicals archive:
When a common external tariff is reached for a product, it could then be exempted from most customs requirements at the United States' southern and northern borders.
Kyrgyzstani textile industry can also benefit, because the higher common external tariff of the Customs Union is likely to reduce imports of textiles from countries outside the Customs Union, in particular China.
The COMESA Common External Tariff is zero per cent for capital goods, zero per cent for capital equipment; 10 per cent for intermediate products and 25 per cent for finished products.
Customs unions require members to maintain a common external tariff.
Saudi Arabia and five other Gulf Arab countries including the United Arab Emirates and Kuwait have formed a customs union which im- poses a common external tariff for products imported from outside their bloc, called the Gulf Cooperation Council.
Heads of state from the 19-member Common Market for Eastern and Southern Africa (COMESA) are set to approve the free customs union on Sunday after trade ministers agreed on a common external tariff deal.
Common external tariffs would enable the NAFTA countries to eliminate the agreement's rules of origin.