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AAAM, ARSO to deepen automotive standards in Nigeria, others | The Guardian Nigeria News - Nigeria and World News — Features — The Guardian Nigeria News – Nigeria and World News


The African Association of Automotive Manufacturers (AAAM) has said that the project to harmonise standards across the automotive sector in Africa is on course.
AAAM said the African Export-Import Bank (Afreximbank) is supporting the African Organisation for Standardisation (ARSO), as it works to harmonise standards to facilitate the accelerated development of the automotive industry across the continent.
The harmonised standards are to be adopted by individual African countries, facilitating cross-border trade, under the African Continental Free Trade Agreement (AfCFTA).
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According to AAAM, there are 1432 international automotive standards worldwide, developed largely by the International Organisation for Standardisation and the American Society for Testing and Materials. ....

United States , South Africa , Hermogene Nsengimana , Physikalisch Technische Bundesanstalt , Benedict Oramah , David Coffey , African Association Of Automotive Manufacturers , American Society For Testing , Bank Afreximbank , African Organisation For Standardisation , African Automotive Development Plan , International Organisation For Standardisation , African Association , Automotive Manufacturers , African Export Import Bank , African Organisation , African Continental Free Trade Agreement , International Organisation , American Society , Whole Vehicle Standards , Executive Officer , Pan African Auto Pact , Auto Pact , Professor Benedict Oramah , African Trade Fair , ஒன்றுபட்டது மாநிலங்களில் ,

Reliance on used vehicles importation hinders African market


•As Nigeria’s automotive policy suffers setback
Reliance on used vehicles is hindering growth of Africa’s automobile market. This is projected to escalate for sub-Saharan Africa (SSA) in the next 15 years, implying that Africa’s demand for vehicles will likely continue to be met by other continents in the foreseeable future.
This was contained in a White Paper, by World Economic Forum (WEF), in collaboration with Deloitte, titled: “Connecting countries and cities for regional value chain Integration,” released on Tuesday.
Trade in used vehicles has variable effects on producers of new vehicles. In low-income countries (LIC), used-car imports often lead to depressed sales and lower prices for new vehicles, while in high-income countries (HIC) the effects may be trivial. ....

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