Discusses pricing formula and other fees, value-added tax (VAT), etc.
Last Published: 6/26/2017
While basic freedoms concerning the pricing of both domestic and imported goods are for the most part applicable in Niger, prices of certain goods or services may be fixed by orders of the Minister of Commerce.  Price controls are applicable to hydrocarbons (together with the margins for importers and distributors), medical services, and pharmaceuticals supplied by the State.  Petroleum product prices are set by the Ministry of Commerce but largely reflect world market prices and the CFA/dollar exchange rate.  Almost all other prices are set by the market.  The price of water is fixed in an agreement between the government and the privatized water company. The price of electricity is fixed by decree, pursuant to Article 10 of the Energy Code.
 
U.S. exporters should price their products on a CIF (cost, insurance and freight) basis and request an irrevocable confirmed letter of credit.

 

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