ECOWAS = Free trade (no import or export tax) between West African countries
(ECOWAS) is a regional group of sixteen countries, founded in 1975. Find out how the ECOWAS treaty creates opportunities for you and your business locally. It is a wonder that not as many people & businesses are taking advantage?
ECOWAS Countries consist Benin, Burkina Faso, Cape Verde, Gambia, Ghana, Guinea, Guinea-Bissau, Ivory Coast, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone and Togo.
The ECOWAS Trade Liberalisation Scheme (ETLS) is the main ECOWAS operational tool for promoting the West Africa region as a Free Trade Area. This lies in tandem with the one of the objectives of the community which is the establishment of a common market through “the liberalisation of trade by the abolition, among Member States, of customs duties levied on imports and exports, and the abolition among Member States, of non-tariff barriers….”. – Article 3 of ECOWAS Treaty