The deputy Commissioner of the National Revenue Authority, Osman Barrie has informed a delegation from the ECOWAS Court of Justice that Sierra Leone has suspended the ECOWAS Trade Liberalization Scheme (ETLS) until proper modalities are put in place on how to get compensation.
Mr Barrie said they had first embraced the ETLS but found out that later they were losing industrialization and had not been compensated since 2005.
He said they had written a letter to ECOWAS requesting 80% compensation, and that ECOWAS in turn demanded for the document which NRA produced but that they had not still received their compensation.
The Vice President of the Court of Justice, Anthony Benin promised that they would try to iron out the issue and that the problem lay in the change of executive of the court.
He urged the Commission that they should write a letter to the Commissioner of the Court on this matter.
The Chief Registrar of the Court, Tony Anene-Maidohs said the benefit of the sub-regions depended on the scheme as it would increase trade and bring about unity among member states.
On the accomplishment of the court, Justice El Mansour Tall said that so far they had given judgment on eight cases with other matters still pending. He said the court is funded by ECOWAS and does not solicit funding from other sources.
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