Digitalising Trade Data
Recently, Commissioner Edward Kieswetter of the South African Revenue Service (SARS) stated that the SARS Customs division will scale up digital transformation and increase data usage to improve the facilitation of trade, revenue collection, and compliance by import and export traders across SA’s borders. SA joins other countries across the globe which are making progress on digitalizing international trade formalities during the COVID pandemic, but stronger efforts are needed to facilitate trade for small and medium-sized enterprises and other groups and sectors with special needs, according to a report launched today by the United Nations regional commissions.
The report is based on the Fourth United Nations Global Survey on Digital and Sustainable Trade Facilitation. COVID has revealed many weaknesses in the trading system. The survey results show that most countries have implemented short-term crisis measures. However, the overall implementation level of measures in the ‘Trade Facilitation in Times of Crisis’ section stands at 41%, essentially because many countries still lack long-term trade facilitation plans to enhance preparedness for future crises.
3 Comments
Leave a Comment
Become a member
Join the Ecommerce Forum South Africa and benefit from industry insights in South Africa and Africa.
Sign up to newsletter
Sign up to our newsletter and stay informed of the progress we are making at the Ecommerce Forum South Africa with government during Coronavirus.
Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.
I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article. https://www.binance.com/pt-PT/join?ref=DB40ITMB
Your point of view caught my eye and was very interesting. Thanks. I have a question for you.