A memorandum of understanding (M.O.U.) was signed between the Samoa Chamber of Commerce and the Ministry for Revenue yesterday.

Signed at the Tanoa Tusitala Hotel, the M.O.U. focuses on improving communications and partnership between the Government and the private sector in Samoa.

Ministry for Revenue Acting C.E.O., Seumanu Ieni Asani-Sheppard said the M.O.U. expresses the commitment between the two parties to create a strong mutual partnership to ensure facilitation of legitimate trade, and emphasise the importance of voluntary compliance and adherence to Customs and tax laws. 

“To provide guidance and support to businesses in effectively complying with Customs and tax related regulations to limit and prevent law violations, to strengthen communication and information sharing, and utilising effective dialogue in helping both parties to succeed,” Seumanu said. 

“It also underpins the significance of promoting a transparent business environment for the business community, fair competition, trade security and community protection. 

“With this M.O.U., our compliance between our private sector and the ministry will continue to improve towards the enhancement of assistant to the economy and the development of Samoa.”

Samoa Chamber of Commerce, President Jennifer Ula-Fruean said three months ago after a string of issues raised by their membership, the chamber took action to improve communication and relationship with the Ministry of Revenue.

“The main outcome of those deliberations was to formalise this M.O.U. signed today (yesterday),” she said. 

Jennifer thanked the Minister for Revenue Tialavea Tionisio Hunt, Associate Minister Lenatai Victor Tamapua. C.E.O. Matafeo Avalisa Fautuaalii and her leadership team for the vision and agreeing to co-author this M.O.U. with the Samoa Chamber of Commerce. She also acknowledged their donor partners the European Union and the Pacific Islands Forum Secretariat for their support.

Seumanu thanked the Chamber of Commerce and its members for committing to the prospect of an M.O.U.