UK, Ghana strengthen customs cooperation to boost trade, economic growth

The United Kingdom and Ghana have strengthened their customs cooperation by signing a Memorandum of Understanding (MoU) to enhance collaboration between His Majesty’s Revenue and Customs (HMRC) and the Ghana Revenue Authority (GRA). This agreement aims to facilitate legitimate trade, improve compliance, and contribute to economic growth by modernizing customs systems and processes.

The MoU marks an important milestone in the long-standing partnership between the two institutions, which have been working together for over a decade to strengthen tax administration and revenue mobilization. The cooperation will focus on capacity building and technical assistance, particularly in strengthening the GRA’s Post Clearance Audit function, which verifies the accuracy of declarations after goods have been released.

This initiative will be carried out through HMRC’s Accelerate Trade Facilitation Programme, which provides technical exchange, peer-to-peer learning, and knowledge sharing, drawing on UK experience and international best practices in customs compliance.

Brief written by urgent.news from Ghana Business News's own syndicated text. Machine-written — may contain errors; check the original before relying on it.