Mali and Niger have initiated the process of ending their decades-long tax agreements with france within the next three months.
In a joint statement by the ruling junta of both nations, the tax regime had to end because of France’s persistent hostilities towards their countries and the unbalanced nature of the agreements, which result in a considerable loss of revenue for Mali and Niger.
Mali’s tax agreement with France has been in place since 1972, while Niger’s deal has existed with the same country since 1965.
The move is sequel to plans by both military governments including Bukina Faso to create a confederation to consolidate political and economic integration within west african states.