Namibia is hosting a workshop aimed at raising awareness and preparing for the piloting, domestication and implementation of the Regional Customs Transit Guarantee (RCTG) Scheme, which introduces a single customs transit bond recognized and applicable in all Southern African Development Community (SADC) member states.
Speaking at the opening of the workshop on Monday, Sam Shivute, commissioner of the Namibia Revenue Agency, said the scheme will streamline customs procedures, facilitate trade and ultimately boost the economies of SADC countries. “The SADC RCTG Scheme initiative comes at a time when our country and the SADC regional economic bloc face numerous economic.—APP
