Role of board of External trade

Institutions involved in export trade in Tanzania

A. The Board of External Trade (B.E.T.)

The Board of External Trade was instituted in 1997 and started operations in the same year.

Functions and objectives of the board

1. To provide advisory services in external trade development policies and measures.
2. To provide specialized assistance in the development of export products and technology to improve the quality and quantity of exports.
3. To coordinate and monitor all export management programs including management of export targets and incentives.
4. To provide functional advisory services in such areas as costing and pricing of exports, product adoption, packing for export, trade information, trade publicity, formulation of export marketing policies and plans and trade fair participation.
5. Amelioration of basic infrastructure of export financing transport, fiscal and trade policies and development of export industries.
6. Provision of useful information and education to local businessmen by organizing courses and seminars and assists them by providing in certain cases, export credit guarantee.
7. To arrange exhibitions in foreign countries and inside the country to attract customers for Tanzania products.

Roles of the Board of External Trade (B.E.T.)

The Board of External Trade was established to perform the following objectives:

1. Facilitating Market Access for Tanzanian Products — To assist industries in finding global markets for their products by actively promoting and developing Tanzanian exports and exploring new market opportunities.
2. Providing Trade Information to Foreign Investors — To offer essential information to overseas businessmen interested in trading with Tanzania, including trends in the country's imports and exports.
3. Enhancing Trade Competitiveness — To support Tanzanian businesses in improving product quality, packaging, and branding to meet international standards and compete effectively in foreign markets.
4. Organizing Trade Fairs and Exhibitions — To organize and participate in trade fairs, exhibitions, and other promotional events to showcase Tanzanian products and services globally.
5. Facilitating Trade Partnerships — To foster collaborations and partnerships between Tanzanian businesses and international counterparts, enhancing trade opportunities.
6. Providing Training and Capacity Building — To offer training, seminars, and workshops to Tanzanian exporters on market dynamics, export procedures, and compliance with international trade regulations.

B. Tanzania Port Authority (T.P.A.)

This is an authority which deals with controlling securities and shipments, clearance of goods to and from other countries.

Roles and Functions

1. To ensure that there is adequate facilities for all cargo (goods) passing through their ports.
2. To enforce securities of cargo in their ports.
3. To ensure a speed, efficiency and smooth flow of cargo from sea transport.