Stakeholders are making final touches to the National Export Promotion Strategy. 

One of the issues addressed at the workshop was product dumping, making imported products cheaper than local products, which has a negative impact on the economy.

Among other objectives, the Export Promotion Strategies include increasing the quantity and value of exported goods and services, attracting domestic and foreign investment to stimulate export diversification, as well as enhancing Namibia's quality and standard infrastructure.

"Let's say country A is exporting their products to Namibia, and when they are selling those products that they are exporting to Namibia in their economy, they are selling them for less, let's say N$4, but in our market, they want to sell them maybe N$3.50. This means that they are selling them for a cheaper price in our local market as opposed to their local economy, it means that they are dumping their product into our market. The purpose is simply to dislodge or to displace our product so that people now tend to focus on buying those cheap at the expense of our local producers," explained Sakeus Kapenda, the Deputy Director for Trade Promotions.

The Ministry of Industrialisation and Trade presented a Trade Management Bill aimed at providing management of international trade, conducting investigative searches, as well as enactment into domestic law and implementation of inter-trade agreements.

The ministry will work towards facilitating and creating a conducive environment for local entrepreneurs to thrive, making it crucial to have a strategy that gears towards promoting local products for export.

"We want a strategy that is implementable, workable, with clear action plans, with clear implementation plans, and with clear process flow as to how we go about promoting our products."