July 18, 2022 (ENA) Ethiopia is hosting the 1st meeting of the Common Market for Eastern and Southern of Africa (COMESA) technical working group on Electronic Single Window (ESW), according to Ministry of Trade and Regional Integration.
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is a facility that allows parties involved in international trade and
transport to lodge standardized information and documents with single
entry point to fulfill all import, export and transit related regulatory
requirements.
It is also believed that ESW plays vital role to enhance import and export service by cutting time and cost to trade.
COMESA
council of ministers had decided that member states to promote the
establishment of ESW at the 37th meeting held in November 2017.
The
objective was to improve intra-regional trade and investment by having a
harmonized and standard data connectivity plat form among government
agencies and private stakeholders that are active across the trade
supply chain.
Accordingly, Ethiopia was selected to host the first meeting of COMESA technical working group on ESW.
The
meeting that kicked off today is expected to discuss and consider the
situational assessment study report, the draft legal frameworks and the
draft strategy for development and implementation of ESW.
During
its four day deliberation, the meeting will also exchange views on the
status of COMESA digital FTA instruments and share experience of other
international organizations and partners, according to Ministry of Trade
and Regional Integration.
State Minister of Trade and Regional Integration, Kasahun Gofe opened the meeting officially today.