spot_imgspot_img
Saturday, September 7, 2024

LIBERIA, GUINEA, S/LEONE SIGN PACT TO BOOST CROSS BORDER TRADE, SECURITY AND REVENUE 

Date:

LIBERIA – The Customs Department of the Liberia Revenue Authority (LRA) has signed an MOU with its Guinean and Sierra Leonean counterparts for mutual administrative assistance to combat customs crimes and boost customs revenues in the three countries.

According to LRA’s press statement, the Customs authorities agreed to foster meaningful and more robust collaborations in facilitating cross-border trade and improved security to attract domestic resource mobilization in the three Mano River Union (MRU) countries.

The customs administrations signed the resolution over the weekend in the Guinean Capital, Conakry, at the close of their first tripartite meeting. Customs Commissioner Saa Saamoi signed the resolution for Liberia, while Sierra Leonean Customs Chief Abu Martin Kanneh and Guinea’s Director General of Customs Brigadier General Moussa Camara signed for their respective countries.

The MOU contains a chain of immediate actions that seek to strengthen cohesion, solidarity, and cooperation in countering Customs frauds that are detrimental to the economic, commercial, fiscal, social, cultural, or security interests of the three countries.

The customs authorities resolved to strengthen cooperation among border officers, improve intelligence sharing, and called on their respective governments to rehabilitate roads and bridges to enhance trade facilitation and boost revenue collection.

The MRU Countries Customs Chiefs, in separate closing statements, underscored the need for mutual administrative assistance among them as a workable way of addressing revenue frauds, facilitating cross-border trades, and engendering regional security.

The need for customs collaboration among our three countries is imperative…in fighting security threats and revenue frauds,” Liberia’s Customs Commissioner Saa Saamoi insisted during the two-day meeting. Saamoi stressed, “Our borders are extremely porous, and it takes only collaboration among our countries and ports to put revenue fraud under control.”

Commissioner Saamoi told the gathering that every customs transaction at any of the borders in the three countries “should be as transparent as much as possible,” both for the businesses and revenue, adding that “the more transparent we are as customs officers, the more we facilitate trade” across the region.

Guinea’s Customs Director General Camara added that cross-border criminality has increased in recent years and that the three countries needed to collaborate – with each playing its role – in arresting cross-border crimes in a region with multiple porous borders. He said the collaboration would help fight trade-based money laundering and unwholesome cross-border crimes and trades.

The MOU, he said, contains recommendations and challenges which solutions that will require the interventions of state authorities. “We will take note of the challenges and find a way to solve them…we will take these matters to the political authorities,” Camara said.

In his closing statement, Sierra Leonean Customs Chief Abu Martin Kanneh noted that “The only way we can succeed in fighting cross-border crime and illicit trade is to collaborate,” Kanneh described the MOU as the beginning of a new era in the MRU region for customs administrations. He said they would work to help each other in terms of intelligence in tracking down customs-related crimes and protecting revenues.

Saamoi led an expert-based Liberian delegation, including Assistant Commissioner for Compliance and Enforcement Atty. D. Blamo Kofa; Manager for Anti-Smuggling and Investigations Unit (ASIU) Masu Fahnbulleh; Manager for Customs Collections and Enforcement Robert Pyne; Manager for Customs Risk Management and Intelligence Abraham F. Siafa, ASIU Supervisor Abel Sneh, among others.

The Liberia experts joined their counterparts in technical discussions, including producing, presenting, interpreting, and clarifying the 14-chapter, 27-section MOU.

The attendees believe that implementing the MOU can address the problems associated with commercial exchanges, transit operations, the fight against cross-border frauds and crimes, and the interconnectivity of automated systems among the three countries.

smartnews
Smart News Liberia is an online news outlet and a product of Smart Media Group Inc. Our website, smartnewsliberia.com, covers a broad spectrum of news content. For inquiries or information, you can reach us at 0777425285 or 0886946925, or email us at smartnewsliberia@gmail.com or info@smartnewsliberia.com.

LATEST DEVELOPMENT

LIBERIA CONFIRMS SECOND MPOX CASE AS NPHIL DECLARES NATIONAL OUTBREAK

MONROVIA – The National Public Health Institute of Liberia...

NO JUSTIFICATION FOR HIGH SALARIES OF BOAKAI ADMINISTRATION OFFICIALS AMID ECONOMIC STRUGGLES

In the midst of Liberia's current economic struggles, revelations...

LIBERIA’S POLITICAL CRISIS: A CALL FOR RESPONSIBLE LEADERSHIP AMID ESCALATING TENSIONS

The recent clash between the Coalition for Democratic Change...

PRESIDENT BOAKAI’S PURGE: A DANGEROUS DRIFT TOWARD AUTHORITARIANISM

In recent months, President Joseph Boakai has embarked on...

MADAM PEARSON’S RESIGNATION FROM THE CENTRAL BANK: EVASION OF ACCOUNTABILITY OR STRATEGIC MANEUVER?

Madam Nyemadi D. Pearson’s sudden resignation as Deputy Governor...

COMMENTARY

THE MASS DISMISSAL OF LIBERIAN PUBLIC SERVANTS: A TROUBLING TREND UNDER THE BOAKAI ADMINISTRATION

A Commentary by Wondah L. Jah Since assuming the presidency,...

SECURITY RISKS: IS PRESIDENT BOAKAI UNKNOWINGLY SETTING THE STAGE FOR EARLY COUP D’ÉTAT?

In his commentary, Liberian political analyst Vandalerk R. Patricks...

IS JOSEPH BOAKAI LISTENING TO PROTESTS AROUND AFRICA?

A Commentary By Wondah L. Jah In January, Joseph Boakai,...

LATEST NEWS

LIBERIA: TRAGIC ACCIDENT CLAIMS SIX LIVES IN GRAND BASSA COUNTY

MONROVIA – In a devastating accident that has shaken...

POSSIBLE CONNECTION FOUND IN SPEAKER FONATI KOFFA’S HOUSE FIRE INCIDENT

MONROVIA, LIBERIA – According to Spoon Network, a source...

GOL REDUCES WAGE BILL, GENERATES US$750K FROM PAYROLL AUDIT

MONROVIA – As a means of bringing sanity to...

Share post:

EXCLUSIVE INTERVIEW

OPINION

AMERICA’S NEGLECT OF LIBERIA: A CALL FOR CHANGE

An Opinion By Bishop Dr. Rudolph Q. Kwanue, Sr A...

AMID AN UNENDING WAR AGAINST POVERTY, INJUSTICES – HAS THE PROGRESSIVE STRUGGLE BECOME LOST IN TRANSLATION?

A Patriot's Diary With Ekena Wesley What manner of Liberian progressives...

HAS PRESIDENT BOAKAI’S GOVERNMENT BEGUN BEARING GOOD FRUITS? (PART1)

By Jacob N.B. Parley Following a careful reflection, I have...

ELEVATING THE AG BIBLE COLLEGE TO A UNIVERSITY: A MILESTONE ACHIEVEMENT

By Jacob N.B. Parley After many years of successful preaching...

THE DILEMMA OF PRESIDENTIAL SUPREMACY IN LIBERIA: EXAMINING THE BALANCE OF POWER

By Dr. Clarence R. Pearson, Sr. Superior presidency is the...

THE GALLERY

spot_imgspot_img

MORE ARTICLES

spot_imgspot_img

MORE NEWS

LATEST DEVELOPMENT NEWS

LATEST CRIME NEWS

Share via
Copy link