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Beker Shale, Director General of the Ethiopian Revenues and Customs Authority (ERCA) and William Asiko, CEO of Investment Climate Facility for Africa (ICF) inked a USD 7.3 million deal on Friday December 13 at Sheraton Addis, to establish an electronic Single Window (eSW) system for international trade.
The eSW is the second cooperation project between the two parties. It will facilitate international trade by reducing export, import and transit procedures as well as slashing the time and costs of preparing and clearing documents.
eSW is due to help the country make its business more competitive, attractive to investment opportunities, while stimulating economic development.
Back in 2012, the ERCA and ICF implemented another project to modernize tax administration by creating an online filing system for large tax payers and establishing a call center at ERCA.