Angola creates Customs Risk Management Centre

7 October 2015

The government of Angola will create a Customs Risk Management Centre to share information between agencies involved in trade with foreign countries, the Minister of Trade said in Luanda.

Minister Rosa Pacavira, who was speaking at a seminar on trade facilitation, said the aim of creating the Risk Management Centre was to ensure intelligent risk management when imports arrive in Angola.

The creation of the Centre is part of a programme for ratification of the Trade Facilitation Agreement (TFA), of the World Trade Organization, which calls for elimination of physical inspections of shipments that include goods that pose no risk and have no tax burden.

The World Trade Organization also wants countries to use selective criteria for inspection, such as a harmonised system of goods, certificates of origin and customs valuation.

Pacavira, cited by Angolan state newspaper Jornal de Angola, said that the programme will now include two other projects, one of which to create a system to look up preferential tariff agreements.

This system will simplify identification of products that are covered by trade agreements and build on the proposal to expand access to information from the World Trade Organization and will make it easier to access the content of agreements which are only available in digital format.

The other project is to update and consolidate Angolan legislation on foreign trade, and the minister said Angolan trade with other countries is now quite complex and diverse in terms of the rules governing their operations and is constantly being changed. (macauhub/AO)