Namibia starts trading under AfCFTA
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Namibia has begun trading under the African Continental Free Trade Area (AfCFTA) following the completion of its Provisional Schedules of Tariff Concessions (PSTC).
Namibia has begun trading under the African Continental Free Trade Area (AfCFTA) following the completion of its Provisional Schedules of Tariff Concessions (PSTC).
UNDP Deputy Resident Representative, Christian Shingiro, says that the ratification of the African Continental Free Trade Area (AfCFTA) Agreement opens significant opportunities for Namibian products, especially for Small and Medium Enterprises (SMEs), through reduced or zero tariffs.
Deputy Prime Minister and Minister of International Relations and Cooperation, Netumbo Nandi-Ndaitwah, is calling on local young entrepreneurs to take advantage of the African Continental Free Trade Area (AfCFTA).
Namibia has launched its national strategy for the implementation of the African Continental Free Trade Area.
This comes amid the question of whether the country has addressed infrastructure bottlenecks, a crucial aspect for the free trade area to work optimally.
The Chairman of the Zimbabwe Association of Dairy Farmers, Piter Musariri, said the African Continental Free Trade Area has presented an opportunity for African countries to increase production and do business with one another.