IV.2 Multilateral monitoring of the economic
policies
The efforts of multilateral monitoring of the macroeconomic
policies allowed
creation of the National Committees of Economic policy (CNPE),
connected to the Commission and the BCEAO by Internet network: each CNPE
produces from now on a national report/ratio on the evolution of the economic
and financial situation of the State and on the economic policies
implemented.
The strengthening of the institutions of the National Institutes
of Statistics, the adoption of a Harmonized Index of the Prices Consumer
(IHPC), the publication of the regional index of the prices the consumer, in
the form of monthly and semi-annual notes, the development and publication of
semi-annual reports/ratios of execution of the multilateral monitoring (eight
reports/ratios were elaborate since July 1997), the adoption of a Pact of
convergence, stability, growth and solidarity within the UEMOA, the adoption
and evaluation of multiannual programmes of convergence of the Member States
and the methods of calculation of the Intérieur product gross (GDP) also
constitute notable projections.
IV.3 Realization of the Common Market
The installation of this common external tariff materializes the
departure of the common foreign policy. The tce constitutes with the TPC the
essential components of the customs union. Come into effect since January 1,
2000 the tce is the sum of three permanent rights : customs duty, the
statistical royalty at the single rate of 1% without exemption, Community
taking away of solidarity at the single rate of 1%. « It pursues
three principal goals with knowing the will of opening of space UEMOA towards
outside, the protection of the Community production, the fight against the
deflection of trade » the experts of the UEMOA specify.
The application of 1 July 1996, of the preferential tariff system
allowed the immediate lifting of all the nontariff barriers blocking the
exchanges between the States ; authorizing blow, freedom of movement, in
any frankness from all duties and taxes import,
unprocessed products and craft industry, with a reduction of 30%,
duties and taxes import for the approved originating industrial products.
This tariff system offered a reduction of 5%, import duties and
taxes for the originating industrial products not approved, an abatement of 60%
for the approved originating industrial products.
From January 1, 1999, an abatement of 80% of the import duties,
for the industrial products originating not approved and an integral tariff
disarmament in 100% for the approved originating industrial products.
The implementation of the Common external tariff gradually will
involve the lowering of the rate of the customs duty to 30%, maximum except
statistical royalty, of July 1 at December 31, 1998; to 25%, maximum except
statistical royalty, of January 1 at December 31, 1999.
Since January 1, 2000, the rate of customs duty of 20%, maximum,
to which the Statistical Royalty (1%) and the Community Taking away of
Solidarity (1%) are added;
The Treaty envisaged the temporary and automatic compensation, by
stages until December 31, 2005, of depreciations of customs receipts undergone
by the States because of application of the preferential tariff system.
Between 1998 and 2003, tariff nomenclatures were harmonized;
unified models of declarations were put in circulation, after the adoption of a
Community legislation of competition and Book I of the code of the customs of
the UEMOA.
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