HUB FACT SHEETS, INFOGRAPHICS & SUCCESS STORIES Trade & Investment News Read Our Blog Newsletters

EAC’s joint cargo clearance deal bears fruit for traders

Published on March 10, 2016

An audit of the Single Customs Territory (SCT) system that was recently adopted by Kenya, Uganda, Rwanda, Burundi and Tanzania also showed that cargo clearance time at the port has dropped to an average of four to six days, from 18 to 22 in 2013.

“Customs documentation requirements have been reduced by over 50 per cent and one customs agent is required to clear goods right from the Port of Mombasa or Dar-es-Salam to the Ugandan destination,” the Uganda Revenue Authority revealed in a performance update.

The SCT system allows joint collection of Customs taxes by the East African Community partners. Read more. Source | Business Daily