ICC Partner of the Shippers Council on Trade Facilitation
The International Chamber of Commerce (ICC) of Nigeria has called for collaboration with the Nigerian Shippers Council (NSC) to facilitate trade facilitation in Africa.
Chairman, ICC Global Customs & Trade Commission, Mr. Segun Olugboyegun made the call while leading a delegation on a courtesy visit to the NSC headquarters in Lagos.
Olugboyegun said ICC wants a strong partnership with the Shippers Council, saying it has promoted trade facilitation in the maritime sector.
In her presentation on the “ICC Global Customs and Trade Facilitation Commission”, the Executive Secretary of ICC Nigeria, Ms. Olubunmi Osuntuyi, revealed that ICC was championing the adoption of digitized Customs processes while emphasizing the need for industry engagement on emerging policy issues within the World Customs Organization (WCO) in areas such as the circular economy and data transfers in regional trade.
According to her, the ICC requires the involvement of the NSC in its capacity building programs, adding that the NSC had participated in some of its programs in the past.
Also taking the floor, a member of the delegation, Mr. Olu Vincent, commended the Nigerian Shippers’ Council for the pivotal role it has played in trade facilitation in the maritime sector.
He called on the council to extend this synergy to other institutions like banks, for the promotion of trade.
In response, NSC Executive Secretary and Chief Executive Officer Emmanuel Jime said that NSC promotes smooth trade and conducts activities that benefit shippers nationwide.
The NSC boss maintained that the NSC recognizes the importance of international trade terms (INCOTERMS) like cost, insurance and freight (CIF) that Nigeria has adopted for export commodities.