Connect with us

Hi, what are you looking for?

Business

East and Southern Africa look to strengthen trade ties

Terrific threesome
CHIEF NEGOTIATOR, MINISTRY OF INVESTMENT,TRADE AND INDUSTRY: Phazha Butale

The COMESA-EAC-SADC Tripartite Council of Ministers, chaired by Rwanda, recently held its 2nd extraordinary meeting.

Formed in 2011 and consisting of 26 African nations, the three-way partnership was established to strengthen economic integration between Southern and Eastern Africa.

Representing the local front at the meeting, were Ministerial trio: Karabo Gare, Annah Mokgethi, and Thulaganyo Segokgo as well as various senior officials.

The main aim of the discussions was to consider and adopt various legal documents to enable free trade. Guidelines were also reviewed to aid cross-border procedures.

“The purpose of the meeting was to consider the guidelines for management and monitoring of safe cross-border movement of persons and personal goods while mitigating the spread of Covid-19. These guidelines will ensure, notwithstanding the Covid-19 pandemic, trade between countries will continue unabated with predictable rules to be applied across borders,” explained Chief Negotiator at Ministry of Investment, Trade, and Industry (MITI), Phazha Butale in an interview with Voice Money following the completion of the meeting.

The Free Trade Agreement (FTA) aims to remove tariffs and other barriers to trade while also providing flexibility to enable industrial development in member states.

Advertisement. Scroll to continue reading.

“Consequently trade between member states will increase exponentially with potential for spillover of effects of industrial and infrastructure developments and employment creation while also growing economies of member states,” continued Butale, adding the meeting was necessary given the minor challenges regularly experienced by transporters and traders when doing cross-border business.

As such, the reviewed guidelines are expected to iron out some of the sticky issues that are making it hard for countries to grow globally.

It is hoped the FTA meeting will help bolster economic revival following the devastating effects brought by Covid-19.

*The tripartite Council of Ministers consists of cross-sectoral Ministers responsible for Trade, Transport, Health, Immigration, and Agriculture.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

YelloCard-Botswana
Advertisement
DStv Botswana
Advertisement
Emergency Assist 991
Advertisement
FNB Botswana

You May Also Like

News

Old Naledi Police are investigating a case in which a 31-year-old suspected thief suffered severe burns from an electric shock while attempting to steal...

News

It was all joy and happiness for Boitumelo Gaeboloke when he was announced as the winner of a brand new Mercedes Benz A200 Sedan...

News

“My signing the CMB contract had no bearing at all in the functions of the board” Morupisi The embattled former Permanent Secretary (PSP) to...

News

“This is amateurish for a pastor.” Hunyepa Botswana National Front (BNF) has dismissed utterances made by their 2019 Parliamentary candidate for Gaborone North, Haskins...

News

Thamaga 10 accused of murder, rape and robbery in single night of terror The high-profile trial of 10 suspected members of a notorious Thamaga...

News

Goat rescue ends in donkey bite for 11-year-old boy Attempting to rescue a goat, an 11-year-old schoolboy was rewarded for his bravery with a...

International

We are straight out of the Easter holidays so I will choose to focus on light news. But before I get into the main...

News

A 34-year-old Maun woman accused of almost frying her boyfriend’s penis with boiling cooking oil in a cold-hearted attack appeared before Magistrates Court this...

Entertainment

It hurts to see some leaders flagrantly flouting covid- 19 protocols when new positive cases are increasing by the day. The latest to be...

News

Two Werda women got sick and died after drinking traditional beer named Khadi at home in Hereford, about 50km from Werda. The two victims...

News

BRIDE ARRESTED IN CONNECTION WITH GROOM’S DEATH What was meant to be a wedding celebration in Lotlhakane village turned into mourning over the Easter...

Entertainment

Within her first month as BFA CEO, Goaba Taylor is alleged to have embarked on a spring-cleaning mission already. Shaya has been told that...

Advertisement

Copyright © TheVoiceBW. (Since1993) made with ❤️ in Botswana.