COMESA Reduces Admin Costs
The Common Market for Eastern and Southern Africa (COMESA) has made major strides in simplifying administrative processes under its Free Trade Area agreement to deepen intra-regional trade which stood at US$90bn as of 2020. This is a reduction from the 2019 figure of $123.4bn due to COVID. COMESA Secretary General, Ms Chileshe Kapwepwe, said the Secretariat has implemented various policies and instruments including the Simplified Trade Regime (STR), trade facilitation and human mobility border specific action plans to increase formal small-scale cross border trade and ensure increased income for small scale traders, most of whom are women. Also earmarked for 2023 is the construction of border markets supported by the European Union (EU) at selected borders in target Member States to provide convenient trading spaces for small scale cross border traders.
Meanwhile the East African Community (EAC) has started to implement its harmonised framework which is aimed at facilitating cross border trade of pre-packaged foods and cosmetic products. The framework promotes the use of one standard, one certification quality mark, and one conformity assessment procedure in the registration, approval, and certification.
These are examples of the key role that the RECs will play within the AfCFTA (see above).
6 Comments
Leave a Comment
Become a member
Join the Ecommerce Forum South Africa and benefit from industry insights in South Africa and Africa.
Sign up to newsletter
Sign up to our newsletter and stay informed of the progress we are making at the Ecommerce Forum South Africa with government during Coronavirus.
Wow, incredible blog layout! How long have you ever been running a blog for?
you make blogging look easy. The overall look of your web site is wonderful, as neatly as
the content material! You can see similar here sklep
Hurrah, that’s what I was exploring for, what a
information! existing here at this blog, thanks admin of this website.
I saw similar here: Sklep online
I like the valuable info you provide in your articles.
I will bookmark your weblog and check again here regularly.
I am quite sure I’ll learn lots of new stuff right here!
Good luck for the next! I saw similar here: Sklep internetowy
Hello! Do you know if they make any plugins to help with Search
Engine Optimization? I’m trying to get my blog to rank for some targeted keywords but I’m
not seeing very good gains. If you know of any please share.
Kudos! You can read similar art here: Najlepszy sklep
Hello there! Do you know if they make any plugins to assist with Search Engine Optimization? I’m trying to get my blog to rank for some targeted keywords but
I’m not seeing very good gains. If you know of any please
share. Thank you! You can read similar art here: Dobry sklep
It’s very interesting! If you need help, look here: ARA Agency