Cross border trade is of utmost importance for businesses as it provides immense opportunity for getting domestic products into the international market and thereby increases revenue. However, there are various logistical and infrastructural entities involved in the process such as:
- Customs and Excise
- Ports
- Shipping Lines
The TTMA therefore provides updates to the membership on notices concerning the above stakeholders as listed below:
- Custom developments with container clearance, duties and taxes
- Port developments in terms of rent and demurrage
- Shipping line development regarding logistical challenges, changes and costs