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D) RCTG-CARNET The RCTG-CARNET (Regional Customs Transit Guarantee Scheme) is a governance initiative designed to combat corruption and facilitate transit trade in trade corridors by providing a guarantee for customs duties and taxes.
B) Yellow Card Insurance Scheme The Yellow Card Insurance Scheme is a regional third-party motor vehicle insurance scheme within COMESA that provides cross-border legal liability cover for accidents.
B) 2.65m Under COMESA regulations, the maximum vehicle width allowed is generally 2.65m.
B) Moyale-Moyale OSBP The Moyale One Stop Border Post (OSBP) was inaugurated in December 2020 to enhance trade and movement between Ethiopia and Kenya.
B) Unorganized market An unorganized market is a significant challenge for road transport in Ethiopia, leading to inefficiencies and a lack of standardized practices.
C) COMESA Carrier's License The COMESA Carrier's License allows commercial vehicles to operate across borders within the COMESA region with a single license, simplifying cross-border operations.
A) 8 tons The axle load limit for a single steering axle in COMESA countries is typically 8 tons.
B) Increased vulnerability to theft A key impact of shared right of way for road transport, especially in trade corridors, can be an increased vulnerability to theft and security risks.
D) Approve transit arrangements The main purpose of the TRIE Convention (Convention on International Transit of Goods) is to facilitate international transit of goods, which includes approving transit arrangements.
What is the role of OSBPs in road transport? C) Reduce border processing time One Stop Border Posts (OSBPs) are designed to streamline border procedures and significantly reduce the time required for border processing by integrating customs and immigration services from both countries at a single location.
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10. D) RCTG-CARNET The RCTG-CARNET (Regional Customs Transit Guarantee Scheme) is a governance initiative designed to combat corruption and facilitate transit trade in trade corridors by providing a guarantee for customs duties and taxes.
This business/management problem is solved step by step below, with detailed explanations to help you understand the method and arrive at the correct answer.