The INF is gradually being rolled out by authorities at the Ministry of Commerce and Industry as the Import Reference Form IRF- that has been in use since the Import Permit Declaration- IPD Regime was cancelled by President George Weah in 2019, through an Executive Order.
The IPD Regime was introduced in 1986, during the Administration of slain Liberian Leader, Samuel Kanyan Doe, to monitor and regulate trade in Liberia, by specifically capturing the name of importer, commodity, country of origin, quantity and value, among other key issues.
However, with increasing calls and the need for an improved business climate across the world, especially with emphasis on reducing the time taken to do business, Liberia has joined the global campaign that promotes effective business climate through the creation of the enabling environment.
A Commerce and Industry Ministry release says the weekend witnessed an awareness meeting at the Commerce Ministry in Congo Town, Monrovia, Liberia, with stakeholders in the business sector of the country, where ideas were frantically shared on how the Import Notification Form will come into effect as the Import Reference Form faces out shortly.
During the awareness meeting, Commerce and Industry Minister, Wilson K. Tarpeh, and Deputy Commerce Minister for Trade Services, A.E. Nyema Wisner, said the gathering was necessary for members of the business community to be part of the roll out plan.
Prof. Tarpeh and Mr. Wisner, said their decision to invite the business community to the meeting was in line with the spirit of collaboration between the Commerce Ministry and the business community. Meanwhile, speaking during the meeting, the business community commended the Commerce Ministry for the idea and pledged its commitment to improving the business sector of Liberia through collaboration, including adherence to laws that government the business sector of the country.
Meanwhile, the Friday, June 12, 2020 meeting was graced by representatives from T-Choitran and Sons, A-Z Corporation, Cheatou Brothers, Barbar Motors, Metallum Liberia, BIVAC, West Africa Fisheries, National Frozen Food, Fouani Brothers Sethi Brothers and United Commodities, Inc., among others.