#africa #trade #comesa #customs #singlewindow #eco #certificateoforigin #export #import #globaltrade #africatrade #tradetech #customsmodernization, © Global Trade Development Week Since 2010 By KW Group, Africa: COMESA Electronic Certificate of Origin (eCO) System will fast-track movement of goods. Change ), You are commenting using your Facebook account.

“RoO … are not just the passport for circulating goods under preferential tariffs but are as well the cornerstone behind effective application of preferences towards member States,” said Dr Onyango. This site uses Akismet to reduce spam. The objective was to facilitate intra-regional trade through reduction in the costs and time required in registration, application and submission of certificates and the post-verification of originating goods. Truckers issued with eCO certificates will no longer stop to undergo an audit of their cargo via a manual verification process. ( Log Out / 
The increased consumption of foreign goods pushed the balance of trade to a deficit position of Sh9 billion. Certificates of origin are issued to exporters within the Comesa Free Trade Area (FTA) to confer preferential treatment to goods originating from an FTA member State.

The eCO is one of the latest tools developed under the COMESA Digital Free Trade Area (DFTA) initiative. “Imports from Africa rose by 11.4 percent to account for 13 percent of the total import bill, attributed to increased imports from South Africa,” the survey states. Harmonised Message Structures for International Forwarding and Transport Messages on the way, HMM’s 24,000 TEU boxship fleet is complete, Nigeria – Huawei, Smiths Detection, Bionica win concession for $3.1bn Customs modernisation project, MSC to accelerate e-B/L roll-out in India after successful pilot, New terminal at Walvis Bay becomes fully operational, WCO holds its first Accreditation Workshop on E-Commerce, DTIC Launches New Support System to Address SA’s Export Barriers, Benefits and Drawbacks of the E-commerce Moratorium, U.K. Starts Research on Brexit Customs System Due in Four Months, World Bank suspends ‘Doing Business’ rankings after fraud, WTO: COVID-19 related restrictions on cross-border mobility are affecting global trade, CITES, WWF and TRAFFIC release new guide to identify smuggled ivory, Maersk launches Maersk Flow, a digital supply chain management platform, South Africa – President signs Border Management Authority Bill into Law, India revives Preferential Trade Agreement initiative with SACU, Kazakhstan, “My Faithful Friend” wins the 2020 WCO Photo Competition, Tanzania – Electronic Tax Stamp Pushes Up Revenue By 34%, Automating global logistics starts with digital documents, Brazil launches first ever nation-wide Time Release Study, Illicit cigarette use declines in EU but production rises, COMESA – Electronic Certificate of Origin (eCO), A Triangle of Vulnerability – Illicit Trafficking off the Swahili Coast, FDI to Africa set to drop 25% to 40% in 2020, Botswana – Mystery death of 154 Elephants, Guide to the WCO E-Commerce Framework of Standards, The Illicit Tobacco Trade in Zimbabwe and South Africa, The Diffusion of Heroin in Eastern and Southern Africa.
7 . Certificates of Origin are issued to exporters within the COMESA Free Trade Area (FTA) to confer preferential treatment to goods originating from an FTA  member State. He noted that the region was currently facing two critical challenges: firstly, the COVID-19 pandemic, which has changed ways of conducting businesses across the world threatening to reverse the gains already made in fostering a liberalized trade regime. According to the Kenya Economic Survey 2020, Kenya’s high appetite for imported goods saw it sink into a trade deficit with Africa for the first time in more than two decades.

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