Govt wants to formalise cross-border trade in Luvo

  • Partial view of Zaire river
Mbanza Kongo- The Executive said that plans to formalise cross-border trade in Luvo, northern Zaire province, is one of the priorities, aimed to raise the tax revenues collected at that border check point with the Democratic Republic of Congo (DRC).

This was announced by the Secretary of State for Commerce, Amadeu Leitão Nunes, while speaking to Angop on Tuesday.

 

Nunes, who is paying  48-hour visit to Zaire province, announced plans to build  a customs warehouse and a logistics platform to improve the level of organisation, the conditions of comfort and hygiene in trade with the neighbouring country, but would not reveal the costs.

 

Nunes regretted the disorganisation and uncontrolled movement of trucks moving goods to the neighbouring DRC, stating that such situation reflects tax evasion.

 

Greater control over the entry and exit of goods, collection of tax revenues, as well as the generation of jobs for locals are also among the advantages pointed out by Amadeu Nunes.

 

He assured that the project will be implemented in the form of a public-private partnership, obeying public procurement rules.

 

The Executive is waiting for technical information for the launch of the public tender.

 

Currently, due to the measures contained in the Presidential Decree on the Situation of Public Disaster to halt the spread of Covid-19 pandemic, trade activities are only being performed on DRC side.

 

The huge outdoor Luvo market, which has been operating since the 1980s, became widely known since the achievement of peace in April 2002 in Angola.

 

This was announced by the Secretary of State for Commerce, Amadeu Leitão Nunes, while speaking to Angop on Tuesday.

 

Nunes, who is paying  48-hour visit to Zaire province, announced plans to build  a customs warehouse and a logistics platform to improve the level of organisation, the conditions of comfort and hygiene in trade with the neighbouring country, but would not reveal the costs.

 

Nunes regretted the disorganisation and uncontrolled movement of trucks moving goods to the neighbouring DRC, stating that such situation reflects tax evasion.

 

Greater control over the entry and exit of goods, collection of tax revenues, as well as the generation of jobs for locals are also among the advantages pointed out by Amadeu Nunes.

 

He assured that the project will be implemented in the form of a public-private partnership, obeying public procurement rules.

 

The Executive is waiting for technical information for the launch of the public tender.

 

Currently, due to the measures contained in the Presidential Decree on the Situation of Public Disaster to halt the spread of Covid-19 pandemic, trade activities are only being performed on DRC side.

 

The huge outdoor Luvo market, which has been operating since the 1980s, became widely known since the achievement of peace in April 2002 in Angola.