Togo and Ghana will soon connect their customs IT systems

Public finance

Wednesday, 22 August 2018 20:47

(Togo First) - Togo and Ghana will soon connect their customs IT systems, in the framework of the First Port Duty Project.

Initiated by the Ghana Revenue Authority, this project aims to better secure customs transactions. In effect, it will help improve customs controls and ease data exchange between both countries’ customs services.

To speed up the project’s implementation, a joint committee will be set up. This was revealed after a meeting between the concerned parties on August 16, at the headquarters of the Togolese Revenue Office – OTR.

Besides interconnecting the two neighbors’ customs IT systems, First Port Duty will require physical collaboration between both administrations. It is a major milestone in their fight against tax fraud which, according to recent data, cost Ghana significant sums.

Octave A. Bruce

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At the fifteenth position, worldwide, and first in Africa, under the Starting a Business index of the 2020 Doing Business ranking, Togo sustains its reformative dynamics with more reforms….

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Compared to some years ago when it was one of the lowest rankers under the Doing Business’ Enforcing Contracts indicator, Togo, leveraging many efforts to improve its business climate, was able to jump significantly on the index in the recent years... .

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Creation of special chambers of commerce for small debts • Creation of chambers of commerce at the Court of Appeal • Civil and commercial cases now handled by distinct clerks • Establishment of commercial courts in Lomé and Kara • Lawyers and bailiffs now have access to the FORSETI COMMERCIAL platform • A maximum period of 100 days was fixed to settle a commercial dispute .

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In comparison to previous years, Togo has significantly improved its ranking on the “Trading across borders” index by adopting multiple reforms that focus mainly on the digitalization and reduction in delays, for import and export procedures related to import and export.

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