Press Release: Ethiopia to improve trade facilitation
December 13, 2013
| ICF Co-Chair, Benjamin Mkapa, shakes hands with the Ethiopia Revenue and Customs Authority Director General, Beker Shale, after signing the project agreement.
Today the Ethiopian Revenues and Customs Authority (ERCA) and the Investment Climate Facility for Africa (ICF) have signed an Agreement worth US$ 7.3 million to establish an electronic Single Window (eSW) system for international trade.
The main objective of this project is to set up a Single Window System that will facilitate international trade by reducing export, import and transit procedures and reducing the time and costs of clearance document preparation. The system will help to make the country’s businesses more competitive, attractive to investment opportunities and stimulate the country’s economic development.
Speaking at the signing ceremony, Ato Beker Shale, Director General of the Ethiopian Revenues and Customs Authority said:
“I am confident that, this project will definitely have a prominent impact on the overall trading activity of the country. The impact of the project will be substantial and far reaching along several aspects and measures. We believe that the system will readily be welcomed by the trading community and all stakeholders and be optimally utilized.”
The Director General also reaffirms the Government’s and ERCA’s for the project and appreciated and gave thanks for the support provided by ICF.
Speaking at the signing ceremony, William Asiko, ICF CEO, said:
“ICF is pleased to be in the forefront of helping Ethiopia improve its business environment. The support we are providing to improve trade facilitation will help to make the country competitive and more attractive to investors.”
This is the second time that ICF and ERCA are working together on such selected projects with the aim of improving Ethiopia’s investment climate. The first project was completed in 2012 and focused on modernizing the tax administration system and it created an online filing system for large tax payers and also established a call centre in ERCA’s headquarters.