132
AFRICA
’
S SILK ROAD
:
CHINA AND INDIA
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S NEW ECONOMIC FRONTIER The prevalence of high tariff rates in India is broadly based.
4
For exports from both
LDCs and non-LDCs in Africa, India’s weighted average tariff rates are beyond 10 percent in every product category China has zero tariffs for its most highly demanded raw materials,
including crude petroleum and ores, but has moderate-to-high
tariffs on other imports, especially on inedible crude materials (for example,
cotton) from LDCs.
High Asian tariff rates on some African products appear to discourage their export to Asian countries. Contrasting table 3.2 with table 3.3, which shows percentage shares of each product group in total African exports to specific Asian countries, it is clear that high tariffs are associated with low trading volumes inmost product categories.
TABLE 3.1
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