{"id":31473,"date":"2023-02-09T17:33:54","date_gmt":"2023-02-09T17:33:54","guid":{"rendered":"https:\/\/www.africa-press.net\/liberia\/all-news\/lra-dhl-sign-mou-on-trade-facilitation"},"modified":"2023-02-09T17:33:54","modified_gmt":"2023-02-09T17:33:54","slug":"lra-dhl-sign-mou-on-trade-facilitation","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/liberia\/all-news\/lra-dhl-sign-mou-on-trade-facilitation","title":{"rendered":"LRA, DHL Sign MOU On Trade Facilitation"},"content":{"rendered":"

Africa-Press – Liberia. <\/strong><\/span>The Liberia Revenue Authority (LRA), through its Customs Department, and DHL International Liberia on Monday (Feb 6) signed a trade facilitation agreement at the LRA Headquarters in Paynesville.<\/p>\n

Trade facilitation is a World Trade Organization (WTO) instrument that removes barriers and paves the way for expediting the movement, release and clearance of goods, including goods in transit.<\/p>\n

Monday\u2019s MOU is intended to strengthen an effective partnership between the LRA and DHL that facilitates the movement, release and postal clearance of certain category of goods in accordance with the WTO Trade and Facilitation Agreement (TFA).<\/p>\n

Customs Commissioner Saa Saamoi emphasized that with the MOU in place, the LRA Customs will henceforth examine all DHL consignments \u2013 shipment and transshipment \u2013 to ensure compliance with Customs regulations.<\/p>\n

He said the MOU is part of the De Minimis Threshold of the TFA. The De Minimis Threshold mandates WTO member states to set minimum shipment values or basic amount payable in taxes on certain consignments.<\/p>\n

\u201cThe MOU is just the beginning, but I believe that DHL and LRA will achieve the objectives of this agreement which is intend to share resources, best practice guidance and cooperate generally to facilitate development, transparency and increased efficiency in customs-clearing related functions by all stakeholders,\u201d Commissioner Saamoi said.<\/p>\n

DHL Country Manager, Mohamed Cherif, lauded the LRA for the MOU which, he said, stands as a tool to ensure a transparent and beneficial clearance process.<\/p>\n

Meanwhile, German Ambassador to Liberia, Dr. Jakob Haselhuber, expressed his joy for what he termed as \u201cthe wonderful happening\u201d between the two prominent institutions which is part of efforts to contribute to good business climate in the country.<\/p>\n

This MOU is the result of an amendment to Liberia\u2019s Customs Modernization Policy and Trade Facilitation Agreement ratified by the National Legislature recently.<\/p>\n

For More News And Analysis About Liberia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Liberia. The Liberia Revenue Authority (LRA), through its Customs Department, and DHL International Liberia on Monday (Feb 6) signed a trade facilitation agreement at the LRA Headquarters in Paynesville. Trade facilitation is a World Trade Organization (WTO) instrument that removes barriers and paves the way for expediting the movement, release and clearance of […]<\/p>\n","protected":false},"author":84,"featured_media":31472,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7],"tags":[233,237,234],"class_list":["post-31473","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","tag-africa-press","tag-africa-press-liberia","tag-liberia"],"yoast_head":"\nLRA, DHL Sign MOU On Trade Facilitation - Liberia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/liberia\/all-news\/lra-dhl-sign-mou-on-trade-facilitation\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LRA, DHL Sign MOU On Trade Facilitation\" \/>\n<meta property=\"og:description\" content=\"Africa-Press – Liberia. The Liberia Revenue Authority (LRA), through its Customs Department, and DHL International Liberia on Monday (Feb 6) signed a trade facilitation agreement at the LRA Headquarters in Paynesville. 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