30% Deposit Requirement For Agricultural Exports Lifted In Chad

On Friday, agricultural exporters received a surprise boost from the minister of Finance, Tahir Hamid Nguilin. While everyone had assembled for the signing of an agreement with Brasserie du Tchad (BDT), the minister signed a decree removing the requirement for a 30% deposit for every shipment of agricultural products leaving Chad. The president of the CCIAMA (Chamber of Commerce for Industry, Agriculture, Mines and Handicrafts) welcomed this surprise change.

“It’s a relief for us. Before to export products, you had to make a deposit of 30% before sending. And we are often confronted with rising prices, and that costs us dearly. Today, with the deposit being lifted, traders will export their agricultural products without fear.

Ali Adji, President of the CCIAMA (Chamber of Commerce for Industry, Agriculture, Mines and Handicrafts) of Chad

Related articles in French:

https://tchadinfos.com/economie/tchad-levee-effective-de-la-caution-de-30-sur-lexportation-des-produits-agricoles/

George Adams

George Adams is a journalist and editor at Heartbeat Africa News. If you have breaking news, let him know at GeorgeAdams@heartbeatafrica.news

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