Question 6
- State five function of an Export Promotion Council.
 - Outline five role performed by the Customs and Excise Authority towards
 
Observation
Most candidates who attempted the question did well and scored high marks.
The expected responses are.
6a.       Advertising 
                    (a)    Functions  of an Export Promotion Council
                            (i)         The council helps in the development  and exportation of raw and semi–processed       
                                    products.
                        (ii)        It assists businessmen to obtain export  credit financing and insurance for their goods  in transit.
                        (iii)       It supports and encourages private sector  businesses to participate in overseas trade  fairs and exhibitions.                                                                                                                           
                        (iv)       It gathers information and publishes them  for the benefit of citizens seeking business  opportunities to exploit and remain in business.
                        (v)        It acquires latest technologies to  improve on the quality of products to meet international  standards.
                        (vi)       It jointly organises local exhibitions  for the country’s products with the Chamber  of  Commerce.
                        (vii)      It explores different avenues to penetrate  into new markets abroad.
                        (viii)     It organises training, workshops and  seminars in export management and international  marketing for the personnel and agencies engaged in foreign trade.
                                                                                                            
            (b)        Roles performed by the Customs and  Excise Authority towards the growth of Commerce
 (i)         It supervises the bonded warehouses and  ensures that duties on all imported goods are  paid.
    (ii)        It  generates revenue for the government.
    (iii)       It issues clearance certificates for  goods whose duties are paid before leaving the   ports  to various destinations.
    (iv)       It enforces bans put in place by government  and ensures that banned items are not brought  into the country./Prevent dumping.
    (v)        It deters the activities of smugglers at  the nation’s borders, seaports and airports.
    (vi)       It provides quarantine facilities to  ensure that unhealthy livestock are not brought  into the country.
    (vii)      It aids in the computation and compilation  of import and export statistics.