NAMIBIA & UGANDA SEEK STRONGER TRADE TIES
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Namibia and Uganda are determined to turn decades of political solidarity into trade and investment, as a Ugandan business delegation is scouting opportunities in key economic sectors.
Namibia and Uganda are determined to turn decades of political solidarity into trade and investment, as a Ugandan business delegation is scouting opportunities in key economic sectors.
President Netumbo Nandi-Ndaitwah has urged African countries to fully implement the African Continental Free Trade Area (AfCFTA) to boost trade, industrialisation and economic growth across the continent.
Vice President Lucia Witbooi has called on African countries to strengthen economic cooperation and reduce dependence on external markets, saying Africa must take greater control over its own development and industrialisation.
The Deputy Minister of International Relations and Trade, Jenelly Matundu, says all companies participating in the Africa Free Trade Area are required to register with the Namibia Revenue Agency.
This is to ensure that they comply with the Rules of Origin and other relevant protocols.
The Namibian government has reaffirmed its commitment to working closely with the business fraternity to address challenges that hinder trade and investment growth.
Kavango West regional leaders welcomed the African Continental Free Trade Area (AfCFTA), describing it as a platform that will greatly benefit the region and its residents.
Namibia will officially launch trading under the African Continental Free Trade Area (AfCFTA) at a high-level event scheduled for Monday, 30 June 2025, in Walvis Bay.
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).