Ethiopia and South Korea signed a 13-million deal for the installation of electronic customs clearance system in the former.
The Electronic clearance system can be used for both credit and debit purposes. ECS is an electronic mode of funds transfer from one bank account to another. It can be used by institutions for making payments such as distribution of dividend interest, salary, pension, among others.
According to the agreement South Korea’s electronic customs clearance system called “UNI-PASS” will be installed in Ethiopia by 2020, Korea Customs Service said in a statement. The UNI-PASS system is not just a fully automated customs administration system utilizing up-to-date IT technology，but has embedded 20 years of know-how and experience including full transfer of the technology and cumulated knowledge.
The UNI-PASS system has been implemented partially or fully in several countries and more countries are showing interests in introducing the UNI-PASS as their customs administration solution.
South Korea has exported the UNI-PASS system to a total of 11 countries, including African countries Cameroon and Tanzania . The total export value surpassed 400 billion won (348 million USD ), it said. According to Korean Herald
UNI-PASS is the brand name of the electronic clearance portal system developed by KCS. Achieving transparency and revenue goals, managing performances, raising quality to satisfy the users, operating a stable IT system that will provide a continued uninterrupted service, are all of the goals and missions that can be achieved with the help of an automated customs solution.