Namibia falls behind in Sacu trade race
newscatcher
2023-03-31 16:30
Namibia falls behind in Sacu trade race
News - National | 2023-04-02 . NAMIBIA is lagging behind fellow Southern African Customs Union (Sacu) member states in terms of taking advantage of the Authorised Economic Operator (AEO) compliance programme aimed at enhancing trade facilitation and reducing the time and costs associated with cross-border trade. According to the Sacu secretariat, out of the 174 traders that have been accredited under the programme, Namibia has only managed to secure one accreditation, through Namib Mills.Thabo David Khasipe, the executive secretary of Sacu said this is a worrying trend, as the voluntary programme is designed to further improve administrative efficiencies and strengthen compliance, safety, and security within the supply chain.

https://www.namibian.com.na/index.php?page=read&id=121178

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