Niël Terblanché
The Namibia Revenue Agency (NamRA) has announced the commencement of the second Namibia Time Release Study (TRS) at the Trans Kalahari Border Post in the Omaheke Region
The Time Release Study, set to take place from 15 to 25 January 2024 is an internationally recognized tool developed by the World Customs Organisation (WCO), serves as a strategic method to measure the actual time required for the release and/or clearance of goods.
According to Yarukeekuro Ndorokaze, the Chief of Communications and Support Engagements of the NamRa, the process involves tracking cargo from the moment of arrival until its physical release, aiming to identify bottlenecks in the trade flow and implement measures to enhance the efficiency of border procedures.
Ndorokaze said that according to Article 7.6 of the World Trade Organization Trade Facilitation Agreement (WTO TFA), the study’s primary focus is on measuring the real clearance time of cargo in Namibia, encompassing the period from its arrival until the moment it is released to traders.
“This critical undertaking is poised to provide valuable insights into the efficiency of border processes, with the ultimate goal of improving trade facilitation,” Ndorokaze said.
The agency also extended its gratitude to all participating stakeholders for their unwavering commitment to the success of the TRS.
“This collaborative effort reflects NamRA’s dedication to streamlining trade procedures and ensuring a more efficient and effective trade environment in Namibia,” Ndorokaze said.
The Namibia Time Release Study reiterates the nation’s commitment to promoting trade facilitation, enhancing economic growth, and fostering a conducive environment for both local and international businesses.
NamRA extended the notification about their intent to launch of the second Namibia Time Release Study at the Trans Kalahari Border Post to the business community, stakeholders, and the general public about and requested all interested parties to be patient while the test is in progress.