850, OOO_ ,_e_ooi· Loan for 25 yri

Aerial .for short-wave t+a~smitter

of

100

^Kw

Studies for the ~enegal.River Electrical equipment and other necessities for the Arts Festival

27/7/641/

Hydro-geological studies Supply of fertilizers

Development of groundnuts and other.subsistence crop ~roduotion

.

^,.

Construction o~ prima.1.7_ schools

• I Travaux d'Outre-mer, February

1965)

,,

.... .

Senegal - .E:.;C

E/CN . l.4/STC/FTN/12

Page 33

A.pi,roval ha.a beet given by the ac Council for financial

assistance by- the .d.lrOpean Development Fund to Senegal:, ·ror work on d.redgin8· the Saloum "River. ·

The project consists of re-establishing the channel with the view of assuring 3atisraotory access' to ~iver

ports

^{of Kaolaok and Lyndiane}

'for traffic of 200 to 300,000 tons. The total involvment _,. of

EDr

^is

estimated at.CFA F 290 million.

(Afr:~ca South o~ the S~ha.ra., Paris, 4/2/65,- and Marches Tropicaux, Paris, 13/3/6':?)

Somalia. - AID

'1'1 :.-kJ'', _.

The Somali Ame~ican Fi~h1ng Com~any, jointly owoed ~y -the Quincy Market Cold Storage and Warehouse Co., and the Somali Fishing Co., have

• ,re·oe i ved a loa.ri from the US· ·Agency for Interna ti-ona.l . ^..,_ De".'~ lopmen t (AID) totalling ~600, 000. The loa.i-i wiJ,.l finance purchases of US equipment needed to build tho first freezery in the Somali ae9ublic. Payment is in US dollars within 15 years, including a three-year graee pari·od.

The American i3-f,f,il iated ~ompany will ben,e,:;fit from t.he development loan s~ction servic~s set up by AID assistance in Credito Somalo,-an

j

a~tonomous bank of _. the _w- Somali _. Government.

Furthermore, Credito Soiµalo _. -- ^{' .} ~as loaned tlle company $.550,.000, usiD.e5 a portio.n of an ~arlier '(JS. loan to -the Q§.nkB.; · to help provide. risk capital

' ._ > • '

for private business .. ~fl th~ coµ..n.try.. The Quincy Co. is contributing

. . ~ - .

$222,232 in equity and the Somali partners are pro~iding an.equal.amount in Somali shilline-,s.

•• •.1 --~ ... ·; .

.•

, ..• F~nan'(it}g, inoluding

tll~

equit-x, of -the Credito .Soma.lo l0an an:d the AID loan •· totals $1.5 million. The investment gua.:rantee, un<ii-e..r; tA:ID¹s

extended risk programme, insures the company for 50 per cent of the equity invest.Ill.ant of the

us firm

-ag-a-inst

·any

rish.s not

Efxc· tie'iiht

=,111, 161.

(International Commerce, Washington,

15/3/65)

.f/qr: .14/STC/Frnr/12

· Page 34

Somalia

I:t0~~-:..e~efi:-f-U~~_?~c . .ed that the Suropean Development F'Und {EDF), the International Develop~ent hoaociation (IDA) and the United Nations Special Fund (UNSF) have joined together in a untque venture to provide $13.45 million to tb.e Somali Government for a. highway project. The EDF is

providing

$4.85

million as a development grant and $300,0CO as technical assistance; the IDA is extending d~velopment credit of $G.2 million; and the ^UNSF is giving a technical assistance grant c. f ^,$2. 09.5 million. The

. .

Somali Government is providing $800,000 towards this project.

The project includ-es the ·oonstru~tion of an all-weather road througt.

' . '

Somali's most important dry-farming area - to reduce the cost of transporting agxicultural products to the capital and to encourage f\J,rther pro~uction of food crops - together rlth the creation of an effective highway organization, to _ensure f~ture maintenance of the road network.

(Bank for International Settlements, Eaala,

2/4/65 ;

International Financial News Survey₁ ~ashington,

9/4/65;

and Africa South of

the Sa....ara, Faris,

·1/4/65)

Sudan - IMF ..

.,~.'loo.. .. · - ~ t

-- ^·,•

'"'• ·,~ .....

T·h1;1 International ,;,,.onetary Fund ha.s a.greed to a drawing by the Government of the Sudan amo..inti..~g to the equivalent of 311.25 million', to help meet

payments difficulties caused by the temporary decline in exports earnings.

The Sudan has been expe~iencing balance of payments difficulties for several years. .The situation was aggravated as a resu.lt of the poor cotton crop in 196}-~·64, which led to lower Gxport, earnings in 1964 and early months C?f 1965.

Sudan's quota in the fund is $45 million. The new drawing will raise the ^OU tsta.ndi:1g drawings to $24. 2 million ( see FTNL" Nos.

7

^{& 8} for previous drawings).

(Internati~nal .Fiµanoial News Survey, Washington,

4/6/65)

... ..I. . . .... \l , ~ I

• ~1. •

·1

E / CN .14/ STC /F'l'N/12

Page 35

Tanzania. . , ..

- ~ ·

^{" .. :}

. ^~

.... -

~..

^{.. .... . .. ..}

.

' ..,

· The Tanga.nyi_ka Insta.~t Co_f'f_~~ Coip..:p;ap._y__ ,{

TIP ) ., _

^j ointly owned. b;y the

·;.·'., • ,,. "':'...:;. ·.--·. ::.~ ... ~!.;. •. • :.:L~Y ... ~;, .. ^{I,. .. ~_ • ..;. : •} .=.;-~.-. - ...

National Development Corporation and ~oba. C~--?pera.~ive₁ Uni,9n, has signed a contract with Coutinho Caro a.nd Co. of Hamburg, for a •333,300 instant coffee factory to be built -at Bukoba.

TIC has also signed an agreement with./. Lyon.e ... & C. unp.~_r which the latter will provide technical and marketir.g~~~io~ -~ · the- i~i t~ l· years of-the fa.et.~ry¹ s operation. -It will' use over 2,000 tons of robusta

t .

(T~~ Fi~ancia~~r~es, Londonl

9/4/65)

• ~ .... f ... • : i

··Ta.n~ania·'~··

Israel .

^{C. II .}

1- • • '

The Iera~li Government h~s,prom~sed a loan equivalan~ ~o ~600,000 to

•• • • - • • r ; _. • •

Tanzania. • The loan

~ i;~

^{be used_}

₁

^~.~ina.nce ir~ig~tion schem~s in.the Lake

... ,a ~ '

area..

.~

·. ^~

( Overse~s ~e,rie"":,-, Londo~, Ju,ne +9.65.)

Tanzania - Netherlands

... ..

-The "Nether la~dse. Ove_rzeeee F i ~ r i n g s. Maat-sc-h~pp.ij" (}I. O.F.) jointly with the Tanganyika

..

Developm~~t F.inance -C~mpany and the National

• '; ._ --' ·. 'j '. • ·, I ..- 'I'" 1 ' • • • ' • .

and Grindle.ya Finance a.nd Develop_m_{• , . .- .,} ent Corporation, a.re _{I , •} pa.rt_{• -} icipa.ting in a

~165,000 loan to the Tasisi Textile Company Ltd. of Dar-es-Sala.am, a textile mill financed·

by

^but'cii, British

kid

^Tanzani~

d ~pi

^ta.1.

' .E

N.O.F.'s participation consists of an 8 per cent, five year, 252,000 gulden loan. In a4,ciition ;to:a priva-te isl:iue of 1:. 115,000, the loan will be used to finance the expansion Jf the firm's weaving mill and the setting up of a spinning mill to process Tanzanian cotton into yarn.

E/CN.14/STC/FTN/12 establishment of an industrial studies development centre, a national

: ^~ ·:-~ ':

institute for productivity a.nd a·fa.oulty'"oi s~ien~e; all in Dar-es-Salaam, and a sheep-raising project in the Northern highlan~s~

... _ _ __

. ^... T~e UN

.

^... ,~pecial ^_,.

^...

Fund is contributing ~1.072 million towards the realization of these projects •

• :A,• fifth -project --to~ards which:-'

the " miSF \/:i.1i

-p~ovide.

1.254,

000 concerns . fisheries reaeavoh on

Lake

V1storia

ind:'

^i~ to be ·shared. ·with the ~~her

neighbouring states, Kenya and Uganda.

... . ~ ~ .

(Overseas Review; London~ February 1965)

Tunisia - UNSF ^{. -· .. .L:}

million for Tunisia¹s'. effort to"esiablishran 'institute of re-afforestation.

-• •. t

Uganda - IFC

E/CN.14/STC/'F'IN/12

Page 37

· The International Finance Corporation·; an affiliate of the World Bank, has agreed to as3i$t in financing Nuloo Textile Ltd. of Uganda. The company is ,to establisp. a_ fully _integrated cotton textile mil,l at Jinga, near Lake Victoria..

The .uill, which will use .Ugandan cotton, is to Qe equippe.d.. with 24,0CO spindles '.and 45--0-:looms-i'l!s.·.:we.hr as· :fini'shing ~q11:_ip~~t-:fo:r: b.le~ob,i,ng and dyeing. Ita principal pr-0duota will be _gray olotb ~ pi~e-dyed fabrics. Its annual ~roduotion is expected to be .in excess of 18 million sq.yds.

' - . ^'

whe~ in f~l _r, operation _{. .} • .

·, ,.

Th.e ·estimated .cost of the project is .. nearly $7 .~ m:Ulion. Three

·: inves-~e11t ·1.nsti tut ions, two. ·in the -United Kii,.gd.om ~d. 9,l_le in 1\u'f'lai t, are participating in the IFC commitment to provide $3.51 million in loan and shaxe oapi ta.l.

The IFC investment consists of a loan of $2;8 million, and

-

^{.. ... _, .} a subacri:Ption to shares of the company at par in the amount of $644,000 and a stand-by

commitment of $70,000.

The Standard Bank Fin~nce and ~evelopmant Corpora~~on1 an affiliate of the Standard Ban)<.. pf London, ; j_~ participating to the extent .. of $980,000

• • .;i

in loan and $140,000 in share oapit~l.

Barclays Development Corporation, a subsidiary of Barclays DCO, is

ma.king a participat-ion· amounti~ to' $°172, 000 in loan and $32,000 in the share capital. The Kuwait Investment Corporation is pro~iding loan equivalent to

~140,000.

The

rem'a.inder

of

the share

' ca.p it~l

'is to be subscribed by the sponsors

·of

the

^{project and by} other p;ivate Ugandan investors.

-(IFS Presa Release, Par.is, 12/5/65i Ethiopian Herald, Addis Ababa, . _ 14/5/65_)

1 •

-~ \ E/011 .14/91a/~/12

Page 38 .

·-

.. ^;. ·~

-Uganda - UK

-

^"·

--Details are now available concerning t~e ~6 million UK loan to Uganda, which was ~xtc ·.ded:

in

A~~us~ 1964

(s~e

FTNL No~~9 & 10).

~4

million has been allocated towards the import co~tent of va~ioua projects and ~2 million towards fiscal costs. The loan will be repayable

. r . ^{;I •}

over a period 0£

25

years with a five year grace period during which there

) . ~ ,·1 . . :. ~ • .. • • :.

will

^{be no} repayment of capital or interest. Int~rest will bE:l a.t the UK Treasur1 borrowing rate· plua

1/8

^{of 1 per 9~~t:}

' I ' ~ •

Project allocations include roads, waj;er-.supp:J_ie~, .. -an4 agricultural schemes such as sisal and sugar production mechanization, veterinary

.. 1 ' ) ' . . ' .

dispensaries, a fisheries staff training school, improvement of the Entebbe :•- airport and acquisition· of*a telepr~ter and~ ~ilm prooeesin~ audio unit •

... -... ..

(Commonwealth Digest, London, April/May 1965) ^:

.

Uganda·- UN Speoial Fund

The United Nations Special Fund is to provide t643;000 to make a study of ground-water.\ in Kara.rnojo and for the developmeq.t of a management training

~d,.f.l,d.vi~ory centr~. in Kampala •. ,; T.l;i, Fund will alsp provide a; fwther

•272,000 to enable the ]ast.Azrican Freshwater Fisheries Research Organi~atic to expand its activities.

(Overseas ·Re~iew, London, February 1965)·

UAR - East G2..rmany

The ·Bnited Arab Republic and East Germany have·concluded an agreement under which tli~·-former is ·to receive a

loan

equivalent to $87.4 million. An a.e;reement has already been signed for a loan of $47.6 million, to finance

im~o~ts

~oi"'':i.'n~(u:trial ;~quipment needed for certain projects specified in the Development Plan. East Germany has also agreed to provide a line of credit for purchases of various industrial goods.

(International Financial News Survey, Washington,

5/3/65)

.aJ::.r.

"

U£per Volta - Franc~

"lll/CN

.1 4/sTC/F':T-/12

Page 39

Two financial agreement:t: lrere signed between tile Goverr.ment of Upper Volta and the Fond d¹Aide 0t de C0operation·-~n\C).

Within :f;h.e frame:work of the gene:.r;al f3,greement signed :j,n December

1960 for the execution of scientific research pi·ogre..mmefl of loca.l interest, the first agreement involves the sum of -OFA F

54,578,250

which will ue contributed by both countriest fer use by research institutions in Upper Volta for the period of

1965.

A further CFA F

37.5

million is also made available for iresaarch of general interest which ·wi11 be ca.r

0

ried out by l'Office de la recberohe soientifique et ·technique outre-mer.

Under the .sec~nd agreement the French Government makes available a · loan of GFA F 38 million for a telephone exchange at, Bobo-Dioulasso, whos~

construction was financed by :previous grants. This loan, without interest, will be repayable in 15 years, with a grace period of 5 years.

(Marches Tropicaux~: Paris, 15/5/65)

Zambia - UK

..

The British Oo~ernment has offered Zambia ~10 million of aid lO be spread over the perio~ 1965-1970.

The aid is in fulfilll:i0;;1t of th.i3 B:r.i tish unda.rt..i.king give_n .a.:t the time of the dissolution of' the former Central Af'rican Fede.ration. Th-e purpose for which the new aid will be used, the terms of its availability and date of !1,ispu.rsement, is to .be worked out by. the two Governments at ·a later date.

(Africa South of·

the

Sahara, Paris,

29/3/657 •

'

.

11 . . . ,

.

"" .... .. _...^{~ '}

.~

_.

E/CN.14/STO/FTN/12

Page 40

IMPORT R2STR1CTIONS₂ CUSTO!IB TARIFFS A.i.·•rn EXPORT DUTIES ·

-Central ·id'rioan Republ~.£,

The Law of 2 .Dece:nber

1964~

hi:i,El mpdified certain taxes.

X) 1)

Domestic consu_~_i.2E:_. ta.:r. on imported goods Shoes, rubbe:i:· soled,

Jewellery, in precious ~etals, stones, etc.

Various types of a.nmunitiGn

Perfumery, alcoholic or nou--l;l,lcoholio 2) Motor vehicles

3) Imported fabrics 4) Wines and alcohol:

a) :Beer: Cf'A _}:l"l

50

^{per litre}

b) ^{Wine: CFA} F 70 per litre c) Charnpagnei CFA F4O0 per bottle

10 per cent 20 per cent 30 per cent 20 per cent

20 per cent

20 per ·cent

d) Aperitifo and spirits ^; CFA F 330 per bottle or litre.

5) Second,--hand goodo (clothing) 40 ^per cent

6) Radio receiYers 20 per cent

7) El~ctric ~atte~ie~ ^- .. _{20:•jer cent}

8) Men's and ^boyst clothing ·15 per cent

·' j -·

"' - - - - .. of ••

For previous tax announcement see Foreign T~a.de Newsletter No.11.

(Marches T:ropioawi::₁ Paris,

15/5/65)

Certain changes in customs duties were announced on 10 June 1965.

These provide for increased import duties in respect of the following itemst

Beer; wood. acre~s, nails; bolts, nuts and ~ashers; aluminium flat

sheets, circles and coils; e:::1~:.:1elled sheet; steel st:x.-ips, bare, rods, a.ngles₁ etc., (except sections for manufacture of windows and doors); plywood,

. E/CN .··14/STC/FTN/12

Perfumery, oosme~ioe and toilet preparations:

Perfumery (extract, lotions,toilet water etc.)

LI

LI

'iE/-aN~

14/STG/FTN/12 Page 42 · . . ·

Ken_za ^{I ,: •} ~

..

:.~"...:..

,-tr · ·.Detai:1:lli,li.'.,W,1'& ~iv~ .,fn;..,.the ~F-Olf-~fi·gri'!.I'JJB.d&' NH~l¹e·ttal! Lu,,i;i,·~t the vario,;

._goods imp~r~ed.₁*~tq.1Fe.~~a.\ f'Qr ;which ,.erp~~i:i;'ic;, ~port. lic;ences are requirei •

Other printing and

,rrtt;_\Wi:\P'llltM \,dll~4~-tfie

made) i:r:

rolls or ehee:-!is

718 - Machines for epecial ind.ustrTe~·~--Food proceasing maobines (~xc1udi~ domeatic)

Machinery

'for milling"grain ' . ' Batterier3 and .:io-0umulators:

.., tl ~ ~ • f, " •""' '") .., \• ' ' Division 86 - Profressiona.i/ ·sti:i.entif:fo ··a:nd controlling instrum~nts: Photogr~phio and optical goods, watches ana . t .., . ctlppks. i:.·1;. •. i •-1 '· •. 11 , :1 -.• .. ·

E/CN.14/STC/F'I!N/12 controlling instruments and apparatus

Binoculars, microscopes and. othe.r optical instruments Binoculil.rs and refra.ot·ing telescopes, n.e.s •. manufactured in Japan

Other . of Japanese manufacture .

Phot~gra,phic cameras (other than cinematographic) and flash light apparat~s

Photographic lho_\o~aphic

,.J . . ·• ---.,! ..

cameras, complete of Japanese tria.rni:fa.-oture

camera 'parts and accessories including flash-light apparatus of Japanese manufacture

Cinematographic cameras, projectors, sound-records and sound re:producens Qf Japanese manufacture

' · • ' " & •

~iv~sio~

89

- ·Misqellane9us m&nufactured articles

891 - Musical instrumenis, sound recorders and reproducers

estimated according·to.expectad requirement and may be increased if necessary. For goods in List B the quotas are strictly limited to the value shown.

For complete and detailed information on the items included in Lists A and B see the Board of Trade Journal of 18 June 1965.

(Board of Trade Journal, London,

18/6/65)

E/CN.14/STC/FTN/12

Page 44 . .

Nigeria

• I

According to the budget estimates for 1965-66, the following tariff changes have ))ee:n. .. ;i.nt:r_®UQ®:

mosaic and tiles - duty increased to 66 2/3 per cent;

leather - du~y .increased to 6.6 2/3 p·er cent;

.tow~la a.nd

.

^. towelling - duty increased to 50 per c~nt;

wood manufactures - duty .incr.eased to ."?.:5, per Ce;'J,.t;

.

_ , . _ ...

printed labels of all kinds (pre-vi-ously exempt) now carries a du..ty of

33 1/3 per cent;

• !.

tombstones and memorial exemption remo~~d,

-white cement for manufactW"e

of

cement paints-duty reduced to 33 1/3 per cent; .

-'

.,, . ,..

cement clinker - duty irioreased to lOs. per ton;

wire rods for processing into reinforcing rounds - duty increased to

• l • '

20 per o'ent;

meoha.ni,cal handling equipm~nt for use by Port Authority -_du.ry increased to 10 per cent;

bank note,

. -

postage stamp paper. and other .. material .for s-eou.rity printing -exempt;

· anthracite (used by the tin smelting industry) - exempt;

scrap metal - an export duty of =3 per ton·is imposed;

aluminium household utensils~ 5 per cent1 plastic footwear - 3~ •. per pair;

interlock.fabrics - 2s.6d. per pound.

The excise duty on mineral waters is reduced by one-qua.rt-er;to 6d per gallon.

rrhe duty o~ potable s.piri ~s is amended from tb,e .prese-nt basis of charge on the liquid gall.on to the more_ certain basis of 1;1;1.e-.a.J.coholio content of the spirit. .At the _same time _.

.

,the effective

ra~~

^{of du·ty is reduced to the}

equivalent of 1;5 a gallon, i.e. a redu.ction of 6s.6d. per ~.tanda.rd bottle. An aioi~e duty on aperitifs a.nd simiiar beverages has been introduced at

the rate of 32s: a gallon.

(West Africa,

London, 17"/4/65)

E/CN.14/STC/FTN/12 Pa.ge 45 .

Sierra Leone ___ .. ,.._ ^•

-

^{•r•• _.,..}

-In order to ha.rm~niz~ the import ~uties between Sierra.Leone ~nd her neighbouring states the Sterra I&on~₁Government has abol~Bhed preferences

• at - L, I + "

given to imports from CommQnwealth countries, in the new budget. But

.

^{. " ~}

duties have be~n inQre~sed. on a ... number of imports. incluo.;ng _distill.ad alcoh~lio q.rinks, .motorcars, jewellery, machine parts, accessories and

' . ^.

~pplianoes, colou.red,dyed and printed cotton piece-goods, tiles, concrete.

I ,. - • • -t - - •

To encourage the local distillery, new duties have -been ifflposed on

whisky, brandy, gin, rum and other spirits. - The new duty on these-when imported, is Le 2.25 per imperial gallon.

Full details of other incr.eases are:

mineral waters - aerated - duty increased by 5 per cent pe~ imp.gallon - radios - broad.cast receivers - duty increased by

2½

^{per cent}

- .nails (.excluding roofing nails) - du·ty increased by Le 1.50 per cwt lwnber - duty irtorea.se"d·by :5 per cent per cu.ft or 5 per cent ad.val.

motor oars - duty increased by 5 .per ce~t

~~;;_ri~a - dut_y ir,i.,creased 1>Y.

~½

^p~_r cent

- _spare parta _and acceasori~~ ~or ve~ioles ~ <4ity increased by 2½ per cent - qed mattrest;;es .- th.~ee: hav.e_ now, b~en br9:ug_pt ~4er the h1.gh. .~ate

a.pplio._{. .} aQle to fur,p.i..ti.µ-_. e, _. .P:t:oduced. _- lo.ca.lly

(\omeatic bollmr ware - dut;r. inoreas~d ·by

~½

^{per- cent}

- jewelleq, etc. - duty raised by 5 per cent

. ^{' '}

·, ·l.

maohino parts, accessories and appliances for machines and plants - duty increased by 2· per ·cent '

paints - an alternative sp~:cifi:c r'ate

of

^{Le 2 per .imperial gallon has}

been'

~ acici~a .:·a.~

anti~um;ing d"~~~. t~.

~~'i°~ ~ .~ t c

t~~. ~oc~l;

l~ ~ ~ ~t~ r., . ~.

pomades - petroleum jelly which is extensively used locally a.s a cosmetic has been brought unde:l'. ~he co.~etics.. rate ·of 60 per cent from 33 1/3 pe:r cent

cotton - 33 cents per sq.yd on all coloured, dyed and printed cotton piece goods

E/CN.l4/$?C/F¥J!N/12

Paga 46

Sierra Leone (cont'd)

- gTay, unbieached 83 cents per 100 sq.yds. fabrics, 'interlock::-- 83.cents per· lOOib~

.. . ..

American grey -

50

cents per 100 sq.yds.

• f

- silk, piece good~ or of synthetic fibres - 33 cents per·100 sq.yd.a. - spirits, spirituous medical preparation - reduced to 30 per cent

methylated spirit for industrial, medical and scientific use -

5

cents per imperial. gallon

tiles, for floo.ring - 5 per cent.

' • I

(Africa South of the Sahara, Paris,

8/4/65;

West Africa, Londo~., 10/ 4/ 65) ..

Sierra·teoti.e

..... 1. It he..!;! been announced that with effect .. from 27 February 1965, specific

'

,

..

._IJ ... ,..

-. import liQances :.are requ:i,red for the following i terns:

- .

Wheat and wheat flour; tobacco (unmanufactured)'J edible oil~ feeding stuff for animals; maize (unmilled); cotton· fabrics,

wbven,

gray

(unbleached); pile·and chenille fabrics·of·cotton (excltiding fents); cotton fabrics, fents,' a.11 kinds; white cotton fabric (bleached); :printed cotton fabrics; piece-dyed cotton fabrics; colour.woven cotton fabrics; other cotton fabrics~·

woven :

^(not inoi:uciing·na'i•iiow

·or: · ~1;:iacI· f'1' ~d

fabrics); and

textiles. ^t.

Furthermore, the following items have been deleted from_~he list of

~oods fo1: which specific import licen?es a.re requ.iredt c~rent not~_s of

-

^{' ~ .}

Sierra Leon~ circulation and other than Sierra Leone circulation, and other currant coins (oxolu~ing gold).

(Boa.rd of Trade 'Journal, London~· 2/4/65)

Tanzania

E/CN.14/STC/FTTJ/12 Page .47

A sweepin~ change 1n the countcy¹s tax structure has been announced to meet the-,un~xpeoted decline in the yield from ei~al export tax. The

~ J - - - . - ~ .,::_ • l .. ... , :

new taxes are aimed to bring an extra ~200,000 before the end of the pi-asent •fiscal· yea..T and ·an· annual ¹11800, 000 in subsequent years.

. ~

-The new c1:1,angea are:

,.

All imported goods in the ¹¹prot~cted cu.stoma rate category" a.re increased from 33 1/3. per cent to 37½ per ·cent;· for goods in the• uoeneral Category~'

• \. ~r. ,,..., ""I" ..i i""~ ...: ; • ~.. • .. .. ~ ^{: ... • • , ..}

from

25

to 3o·per cent; Commonwealth preferential duty increased from 12½ to

15

per cent; specified items such as wheat and flo\ll' from 25 to 30 per cent. A 30 per cent duty on sewing machines -f-0r domestic purposes has been imposed.

: . - : • I - ·• •

-(The Financial Times, London, 1/4/65; and Af'rica South of the Sa.hara, Paris,

5/4/65)

Uppe:r Volta.

The amount of duties and truces cleared by the Customs Office of Upper Volta in 1964 comes to CFA F 4,170 million. Thia is a slight increase on 1963 (CF.AF

3,809

millton), but a considerable progress compared to 1962 (CFA F 2,873

m.).

The prinoipal sources a.re: the uniform purchase tax (1,313 million compared to 1,248 million in 1963); fiscal duties (927 million oompa.red to

888 in 1963). The single tax, introduced in 1964 for products ooming from the UD210 countries, has yielded 343 millions; and the temporary tax on export price support, 92 millions~

The special tax on beverages has brought 145 million (89 million in 1963). However, there has been reduction in receipts from grazing tax {89 million instead of 164 million), tax on colas (30 million, instead of 120 million) tobacco (1 million instead of 16 million). Finally, the st~tistics tax has also declined (123 million instead of 138 million).

(Marches Tropicau.x:₁ Paris,

13/3/65)

E/cN:4/s,c/FTN/12

Page 48

Zamb:i,.a

. .

Effectiv~ from 27 April 196?, the following items are included in

. . ^' .

the list of goods subject to import control ~om all sou.roes:

a..) Fi shing net~ and net.tip.g., not being sp.01:ts goot;ls, .manl:lfactured

from man-made fibre or a mixture of natural and man-made fibre

from man-made fibre or a mixture of natural and man-made fibre

Dans le document Foreign trade newsletter : no 12 (Page 42-65)