Continental Customs Union:

An economic space that makes trade between its members easier. When goods move between these members, there are no customs duties or charges imposed, but when goods from the rest of the world enter this economic space, a common tariff is charged by the members. A Continental Customs Union is a Customs Union at the continental level.

Example:
The AfCFTA is considered a building block towards the establishment of a Continental Customs Union.

For more terms like this you can download the *AfCFTA: A Glossary* app at the Google Play store for Android or the Apple Store for IOS.





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