Malawi Broadcasting Corporation
Business Local

COMESA validates study to boost trade efficiency at Mchinji OSBP

COMESA says the Time Release Study conducted at the Mchinji One Stop Border Post is a significant milestone in improving trade efficiency for Malawi and the region.

Speaking at the validation workshop for the study in Mchinji, COMESA  Programme Manager, Mshuka Kamwela, emphasised the need for seamless processes to enhance trade facilitation at Mchinji -Mwami border post and other borders of the country.

She  said findings of the study are aligned with COMESA’s ongoing efforts to eliminate delays and cumbersome procedures at border posts.

She stressed that initiatives such as the introduction of the electronic Certificate of Origin and the Simplified Trade Regime will enhance efficiency, benefiting both large and small-scale traders.

“We are working towards establishing a single window system to ensure seamless processes at borders. Our goal is to reduce manual interventions and enhance efficiency across the region,” said Kamwela.

The Ministry of Trade’s Director of Trade,  Charity Musonzo, called on the business community to utilise official border facilities, citing their critical role in boosting Malawi’s trade competitiveness.

“Using official borders like the Mchinji OSBP ensures Malawi gains more from imports and exports. Smuggling through unofficial routes only hampers progress,” said  Musonzo.

Commenting on the same, the  Malawi Revenue Authority also affirmed its commitment to resolving challenges, including technical issues with scanners, to expedite goods clearance and encourage e-payment systems for smooth operations.

“Since 2022, revenue at this facility has grown by over 40 percent, proving its positive impact on the country’s trade and economic environment. Currently through the  facility MRA is capable of  collecting revenue worth over K3 billion per month,” said MRA’s  Deputy Commissioner Operations, Moses Masina.

The validation workshop serves as a key  step in ensuring that findings from the study are implemented to strengthen Malawi’s position in regional trade.

#MBCDigital
#Manthu

Related posts

Kyungu calls for responsible driving

Romeo Umali

CURE calls for fortified fire breaks in Chiradzulu Mountain Forest Reserve

Romeo Umali

MACRA ikuchita bwino — Suleman

Romeo Umali
error: All Content is protected. Copyright © 2022. Malawi Broadcasting Corporation. All Right Reserved.