Monrovia – The Patriotic Entrepreneurs of Liberia (PATEL), in collaboration with several of its partners has set up a working group to address challenges holding back trade efficiency in Liberia. The working group, set up at the just ended Liberia Trade Facilitation Forum held in Monrovia under the auspices of PATEL, was organized to address diverse challenges and bottlenecks through the creation of a framework for reducing trade cost. There have been increasing discontent by importers including Liberian business owners over the huge tariff charged by shipping companies. Meanwhile, the organizing committee’s over all task is to sponsor and drive forward a national trade facilitation strategy, monitor progress, and periodically report progress to the government of Liberia. It comprised of the Ministries of Commerce, Finance and Justice, as well as the Liberia Revenue Authority (LRA), PATEL, Liberia Business Association (LIBA) and the Chamber of Commerce.


Source:   Front Page Africa
June 10, 2021 08:03 UTC