Trade Agreements - Djibouti
- Djibouti
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COMMERCIAL AGREEMENTS
The Republic of Djibouti has trade agreements with a number of countries, is a member of the WTO. It is a member of COMESA, a signatory of the Tripartite Free Zone (COMESA-EAC-SADC), is a member of the Continental and African Free Trade Area. Djibouti is also a member of IGAD and the League of Arab States .
International conventions |
Djibouti is a founding member of the Marrack Agreement establishing the World Trade Organization (WTO). The country successfully presented its first Trade Policy Review in 2006, its second review in 2014 testified to the progress made in recent years. Djibouti is bound by multilateral trade agreements of the WTO. Most recently, Djibouti ratified the WTO Trade Facilitation Agreement in March 2018. Also, Djibouti is part of international conventions:
international list of endangered species of fauna and flora
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International economic cooperation |
Djibouti has shown great interest in fostering regional economic integration. The Republic of Djibouti is a member: 1. The Common Market for Eastern and Southern Africa (COMESA) and has been part of the COMESA Free Trade Area since 2000; 3. Continental and African Free Trade Area (AfCFTA): Djibouti signed and ratified the AfCFTA Agreement in February 2019; 6 . AGOA: This American initiative which allows Djibouti to export to the American market without customs duties. Djibouti is indeed one of the 38 countries eligible for the benefits of the African Growth and Opportunity Act, better known by the acronym AGOA ( AfricanGrowth and OpportunityAct ). 7. Except all weapons (EU) : Djibouti benefits as an LDC from the abolition of Customs duties on products to be exchanged with the EU. |
Non-tariff barriers |
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Main partners |
The main economic partners of Djibouti are:
The economies of Ethiopia and Djibouti are highly interdependent via the various Ports of Djibouti which constitute the main transit route for Ethiopian goods and the Djibouti Corridor constitutes one of the main gateways to the Common Market for East Africa and (COMESA) . |
Contact and Source of information: |
Djibouti Ministry of Commerce Address: Ministerial City BP: 24 Phone: +253 21 32 54 41 Fax: +253 21 35 49 09 COMESA Focal Point Department: Directorate of Foreign Trade and Regional Integration Address : Snake Plateau Mohamed Dileita Mohamed Street Loyalty building, 3rd floor Phone: +253 21 35 51 77 |