The Centre for Trade Policy and Development (CTPD) has announced that hosting the 22nd edition of the COMESA summit will have a positive impact on the region’s integration policies. This summit will provide an opportunity for the country to enhance its regional relationships and strengthen its commitment to economic cooperation and development. The CTPD believes that this event will be a significant step towards promoting trade and investment in the region, and will help to create a more prosperous and interconnected community.
The upcoming COMESA summit hosted by CTPD is expected to have a positive impact on Zambia’s position in the region. According to Natalie Kaunda, the Programmers Coordinator at CTPD, the summit will help Zambia benefit more from the trading arrangement and solidify its standing in the region.
In preparation for the event, Ms. Kaunda has called on the government to provide more waivers for businesses, allowing them to boost their production of goods for export within the COMESA region. This move could potentially lead to increased economic growth and development for participating countries.
In order to promote growth and development, it is important for countries to consider offering more waivers to Small Scale and Medium Enterprises. By reducing the cost of production, these businesses can take advantage of incentives and contribute to the overall economic success of the region.
In a recent interview with ZNBC News in Lusaka monitored by Melo Media, Ms. Kaunda discussed the challenges faced by small and medium-sized enterprises (SMEs) in the region, which are hindering their ability to increase productivity. The COMESA Summit could provide a platform for addressing these challenges and promoting economic growth in the region.
The upcoming COMESA Summit is expected to address the challenges that hinder trade within the region. OBED MBUZI, President of the Business Development Service Providers Association of Zambia, is hopeful that the summit will provide a platform to discuss and find solutions to these obstacles. The summit is a significant opportunity for the region to come together and work towards improving trade and economic growth.
Despite being a member of COMESA, farmers are still facing obstacles when it comes to exporting their products. According to EVANS NGOMA, founder of Buy Zed, this issue needs to be addressed in order to fully benefit from the opportunities presented by the summit.
The upcoming COMESA summit, hosted by Zambia, will focus on the theme of “Economic Integration for a Thriving COMESA; Anchored On Investment, Value Addition and Tourism.” This summit will bring together leaders from the region to discuss ways to promote economic growth and development through investment, value addition, and tourism. As one of the largest economic communities in Africa, COMESA plays a crucial role in promoting regional integration and cooperation. The summit provides an opportunity for member states to collaborate and develop strategies for achieving shared goals and objectives.
