The deputy commissioner for custom services at Rwanda Revenue Authority, William Musoni said that when selecting AEOs, they consider integrity among traders with imports threshold of above Rwf200 million.
Under this memorandum, commodities pass the border without customs clearance and get cleared afterwards.
“It eases movement of goods and their clearance is done after the goods have entered the country” he said.
Speaking at the event, the minister for trade and industry, Vincent Munyeshyaka said that the move will not only facilitate traders, but also impact the Rwandan economy
“As many imported products are used in industries, it supports the economy by reducing the cost of transportation. It also affects EAC countries’ economy in general” he said.
He said that 46 traders enjoy the same opportunity in Rwanda and East African Community