The Nigeria Customs Service and the Customs of the Republic Benin have signed a Memorandum of Understanding on inter-connectivity and transit facility for prompt access to trade operations of both countries.
This is contained in a communiqué issued after a working session between the two Customs administrations in Cotonou, Republic of Benin.
The Memorandum of Understanding that was first signed by both countries in 2015, identified new actions to be taken towards satisfactory implementation of the recommendations from the protocol.
All the participants agreed that though the agreements had been in existence, parts of the treaties were not fully implemented and needed to be reassessed.
The two customs administrations agreed to act on formal inter-connectivity of their operations and to effect a framework that will facilitate trade and promote the economic development of both countries.
The bilateral meeting lasted for two days.
No comments:
Post a Comment