The principle of asymmetry means the principle that
addresses variances in the implementation of measures in an economic
integration process for Purposes of achieving a common objective[1]; It recognizes that
not all countries
stand equal, able to trade and exchange goods on equal terms to the mutual
benefits of their populations. The principle thus seeks to redress this by
recognizing the need to defer or exempt certain areas of the economy from the
harsh discipline of a trade liberalization commitment regime based on the
capacity of each partner member in the particular trade bloc. It is the
cornerstone of the East African Customs Union (The East Africa Community) as it
recognises that that the three east african countries are at a very different level
of economic development and if the parties are expected to liberalize their
economies at the same rate then moves towards free trade areas can generate
economic difficulties for the less developed partner. It therefore proposes
that where a free trade area is introduced between countries of different
levels of development, then this should occur on an asymmetrical basis. Thus,
for instance, under a customs union where countries are at a very different
level of development, the more developed partner will eliminate tariffs more
quickly and more extensively than the less developed countries.
There are two main aspects of the asymmetry
principle relating to tariffs for purposes creating an equitable and balanced
free trade area in the East African Customs Union:
·
asymmetry in the timing of the
reduction and of elimination of tariffs
·
asymmetry in the extent of
total trade to be included in the tariff reduction and
tariff elimination
undertaken.
Asymmetry in the
timing of tariff reductions means that one partner will reduce and eliminate
its tariffs faster than the other partner.
Asymmetry in the
extent of tariff reduction means that one partner will reduce and eliminate
tariffs on a higher percentage of its total trade than the other partner.
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