BUREAU Veritas, a French-based quality inspection firm, will start operations in the country during the first quarter as Government moves to curb influx of cheap imports. Industry and Commerce Minister Mike Bimha told The Herald Business that the company would operate until the Government completes setting up the Standard Regulatory Authority. The Consignment Based Conformity Assessment Agreement between the Government and Bureau Veritas aims to curb the influx of cheap imports by way of inspections of each batch of goods entering the country. Under the arrangement, the Government will receive a five percent royalty on fees charged on all importers.
"We have a process of setting up SRA to ensure proper pricing of imports," said Minister Bimha in an interview.
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