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

The Namibian Ministry of Agriculture, W Read more...

28 Mar, 2018 at 06:05 PM

image

Gaborone – The Botswana government has Read more...

25 May, 2018 at 02:35 PM

image

Climate and weather experts have called Read more...

18 Sep, 2018 at 11:50 AM

image

The World Health Organisation (WHO) has Read more...

18 Sep, 2018 at 11:49 AM

image

As China wound up the Forum on China Afr Read more...

18 Sep, 2018 at 11:47 AM

image

Countries in the SADC region have identi Read more...

18 Sep, 2018 at 11:45 AM

image

HARARE - TRAGEDY in Antananarivo, where Read more...

18 Sep, 2018 at 11:42 AM

image

Harare – Zimbabwe’s next parliament Read more...

03 Aug, 2018 at 12:57 PM

image

Kenya captured six more titles on Sunday Read more...

10 Aug, 2018 at 01:48 PM

image

This past Saturday saw Andile Ramaphosa, Read more...

10 Aug, 2018 at 02:02 PM

image

Lusaka – Calls for regional integratio Read more...

06 Apr, 2018 at 09:15 AM

image

Windhoek - Preparations for the anticipa Read more...

20 Jul, 2018 at 01:40 PM