Mozambique: Country to review taxes on imports, exports and transit of goods

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Mozambique: Country to review taxes on imports, exports and transit of goods

11:59 CAT | 02 Oct 2018

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Mozambique’s government is to review taxes for imports, exports and transit of goods, the country’s national director for foreign trade, Amílcar Arone, said on Monday.

The measure aims to “enable the country to be in line with other countries in the region, as well as guarantee a balance between services provided and values charged,” Arone said, cited by news daily diário Notícias.

The new taxes, which are not yet generally known to the public, are to be determined on the basis of a study carried out as part of the World’ Trade Organisation’s Trade Facilitation Agreement (TFA), which counted with the support of the US Agency for International Development in Mozambique.

The country’s national director for foreign trade said the new taxes would ensure a more efficient process, reducing unloading time and bureaucracy.

One of the main problems pointed out by companies in Mozambique is the high costs of taxes applied on imports and exports as well as bureaucracy in the transaction of goods.

Source: Lusa