News / Africa
Sadc to implement uniform goods valuation
19 Aug 2015 at 07:21hrs | Views
The Southern African Development Community is working towards effective implementation of a uniform valuation of goods at customs clearance centres among member states to ensure proper valuation of imports and exports.
This is expected to be achieved through training of customs of officials.
Sadc currently uses World Trade Organisation valuations but uniform implementation of the system by some member states has been the biggest challenge.
Sadc senior programme officer for Customs Mr Willie Shumba said the development of capacity in customs is critical in promoting compliance of legitimate international trade.
He said uniform valuation among member states should be adopted effectively for member states to have the same interpretation and understanding.
Source - the herald