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Mozambique close to implementing customs exemption as part of SADC

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Mozambique close to implementing customs exemption as part of SADC

Mozambique close to implementing customs exemption as part of SADC

Mozambique is expected in 2015 to conclude its implementation of customs tariff exemptions as part of the process to build a free trade zone in the Southern African Development Community (SADC), said the Director General of Customs, Guilherme Mambo.

The SADC free trade zone is part of efforts made by member countries for greater regional economic integration, which sets targets including such as a Customs Union, a Common Market as well as creation of a Monetary Union, ahead of a regional central bank and single currency.

The Director General of Customs told Mozambican daily newspaper Notícias, that Mozambique is on schedule for the removal of customs barriers, and the only barriers that have yet to come down are with South Africa, “because for the remaining members we have already completed the process . ”

The Director General of Customs was speaking in Maputo on the sidelines of a meeting on the introduction of trade facilities and coordinated border management, which brought together senior Mozambique Tax Authority officials and from other public and private institutions involved in the international trade process.

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