Work on improving the East African Community’s (EAC) single customs territory (SCT) has continued with the selection of a Singaporean technology provider to design a system for digital trade documentation flows. The EAC, which comprises Burundi, Kenya, Rwanda, Tanzania and Uganda, launched the single customs territory in 2013. It is designed to ease trade between the five member states and trim costs by clearing shipments at their first port of arrival or departure, but inefficient flows of customs information have hindered its effectiveness. Singapore’s GUUD, through its subsidiary vCargo Cloud Kenya, won a tender to create a centralised platform for the SCT which will allow customs documentation to be easily shared by member states’ authorities, . “As the official technology partner for the project, GUUD will now embark on creating a centralised system that will facilitate trade document flows within the region for all intra-trade, transit, as well as import and export,” the company says. GUUD, a group of companies launched last year by ICT provider vCargo Cloud, says the platform is expected to go live in early 2022. The solution will integrate mechanisms such as cargo scanners and smart gates across the trading bloc, according to Gabriel Kinu, an… continue reading
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Source: CTRM Center