COMESA Yellow Card, the latest dividend in Ethiopia-Eritrea peace deal

news-image

Lusaka – Cross-border motorists and transporters travelling between Eritrea and Ethiopia are the latest beneficiaries of the peace deal dividend.

The National Bureau of the Yellow Card of Eritrea has announced that that it will, henceforth, accept and issue the COMESA Yellow Card to motorists travelling and from Ethiopia.

The COMESA Yellow Card Insurance Scheme is a regional third-party motor vehicle insurance scheme that provides third party legal liability cover and compensation for medical expenses resulting from road traffic accidents caused by visiting motorists. The main objective of the COMESA Yellow Card Scheme is to provide a minimum guarantee of compensation for third party road accident victims, as required by the law in force in the territories being visited or transiting through.

The National Insurance Corporation of Eritrea, which administers the Yellow Card confirmed today, that Eritrea, was ready to accept of COMESA Yellow Cards issued to Ethiopian motorists to Ethiopia on the Addis-Assab Corridor and other routes.

Following this development, COMESA has pledged full support on the implementation of the Yellow Card Scheme and other COMESA trade facilitation instruments. This includes engaging with the National Bureaux of Ethiopia and Eritrea to provide technical support to ensure the smooth operations of the scheme.

The scheme is currently operational in 12 COMESA member states, namely; Burundi, the Democratic Republic of Congo, Djibouti, Eritrea, Ethiopia, Kenya, Malawi, Rwanda, Sudan, Uganda, Zambia and Zimbabwe as well as one non-COMESA member state, Tanzania. - COMESA

 

LEAVE A COMMENT

Comments

image

Poachers have broken into Botswana’s p Read more...

10 Aug, 2018 at 01:58 PM

image

In a sign that Botswana is likely to cli Read more...

02 Jul, 2018 at 09:26 AM

image

DAR ES SALAAM - DIRECTIVES on online for Read more...

02 Jul, 2018 at 01:24 PM

image

Gaborone - Poachers have broken into Bot Read more...

04 Feb, 2019 at 07:35 AM

image

Gaborone – The Botswana government has Read more...

25 May, 2018 at 02:35 PM

image

Windhoek - SADC member states should pri Read more...

03 Jun, 2019 at 10:42 PM

image

Windhoek - SADC chairperson Dr Hage Gein Read more...

03 Jun, 2019 at 10:37 PM

image

Windhoek - Namibia and Tanzania should b Read more...

03 Jun, 2019 at 10:23 PM

image

Windhoek - The SADC region has a power d Read more...

03 Jun, 2019 at 09:02 PM

image

Lilongwe - Democratic Progressive Party Read more...

03 Jun, 2019 at 08:59 PM

image

Windhoek - Namibia’s road network, ran Read more...

04 Mar, 2019 at 10:11 AM

image

Lusaka - Amid myriad criticisms from soc Read more...

14 Dec, 2018 at 06:28 AM

image

Heads of state and ministers who travell Read more...

30 Jul, 2018 at 02:01 PM

image

Windhoek - The European Union National I Read more...

01 Apr, 2019 at 12:33 PM

image

Trevor Noah is very well-known as a stan Read more...

26 Oct, 2018 at 11:00 AM