The overall mandate of the NCTTCA is the removal of all obstacles to the flow of trade and services along the Northern Corridor. In fulfilling this mandate, the objectives of NCTTCA are as specified in the 2007 Agreement, namely:
- To facilitate trade, the movement of persons, vehicles and goods in domestic, regional and international transport;
- To stimulate economic and social development in the territories of the contracting parties;
- To transform the Corridor into a Development Corridor which, in addition to offering safe, fast and competitive transport and transit services that secure regional trade, will stimulate investments, encourage sustainable development and poverty reduction; and
- To implement strategies for accelerating economic and social growth along the corridor while ensuring environmental sustainability.
In order to achieve the above objectives, the contracting states have agreed to undertake the following:
- To establish and manage transport and communication systems that are viable, reliable and efficient, with the private sector being eligible to operate and manage such systems;
- To implement a policy of non-discriminatory, reciprocity, equal treatment and fair competition towards operators and users of the transport and communications systems;
- To cooperate in investment planning, development of transport and transit facilities and to jointly seek financing for project execution;
- To harmonize their standards and procedures for design, construction, operation and maintenance of transport, transit facilities and equipment;
- To take measures necessary to promote the role of the corridor as a development corridor;
- To encourage the private sector to participate in the financing of construction and maintenance of transport infrastructure and facilities;
- To harmonize privatization policies relating to the management of transport facilities and services;
- To facilitate the smooth and rapid movement of persons and goods between their territories and in transit, through the simplification and harmonization of documentation and procedures relevant to the movement of persons and goods between their territories and in transit through their territories;
- To work towards eradication of customs fraud and tax evasion; and
- To carry out mutual consultations with other contracting parties, prior to effecting any changes in laws, regulations and procedures concerning the movement of persons, vehicles and goods, except in an emergency.