Finance

Cameroon: Korean company to implement e-clearance system for customs administration

Thursday, 17 September 2015 14:56

Cameroonian government and Korean firm Compass, signed on 5th September 2015, in Yaoundé, an agreement to establish an e-clearance system for the local customs administration, a source involved in the project revealed

According to Lee Don-Hyunn, manager of the Compass firm, the e-clearance platform in which the Cameroonian customs administration is interested, is based on a set of modules that allow importers and exporters to remotely effect customs clearance by using the Internet.

The introduction of this technology into Cameroon customs procedures should help improve the collection of customs revenues as well as increase transparency in customs activities, the Korean manager said.

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