WHEREAS, it has become necessary to establish a scheme to ascertain that the security of imported goods is equivalent to the foreign currency paid;
WHEREAS, to create efficient and conducive conditions for trade activities it has become necessary to assist customs formalities through pre-shipment inspection;
WHEREAS, it is recognized that ensuring whether the type, quality, standard, and quantity of goods is in conformity with the specifications in the sales contract before they are shipped helps to avoid controversies that might arise after payment has been effected thereby facilitating the immediate usage of the goods;
WHEREAS, pre-shipment inspection would help to prevent loss of government revenue that might arise as a result of under-invoicing;
NOW, THEREFORE, in accordance with Article 55 (1) of the Constitution of the Federal Democratic Republic of Ethiopia, it is hereby proclaimed as follows: