Namibia trades to benefit from cooperation with Russia's "world-class" customs service: official.
The two countries signed a strategic customs cooperation agreement during the third Russia-Africa Summit in Moscow to significantly upgrade Namibia's trade efficiency, Sam Shibot, commissioner of the Namibia Revenue Agency (NamRA), told local media.
According to the Namibian official, the agreement will bring major wins for trade in Namibia, including:
Faster clearance: reducing delays and bottlenecks by adopting advanced Russian customs technologies and streamlining the movement of goods.
Combating Fraud: Exchange trade data to combat customs violations, underinvoicing and misdeclaration.
Capacity building: Namibian officials will have access to Russian expertise and best practices, strengthening NamRA's service delivery.
The signing ceremony for a cooperation agreement with the Russian-Namibian customs.
Sign up for .
Sputnik Africa | X.