Category: Latest News

New Regional Forum Established to Deal with Escalation of NTBs

March 18, 2021: COMESA has established the Non-Tariff Barriers  Regional Forum comprising of National Monitoring Committees and NTBs Focal Points. This new structure is aimed at further strengthening the Trade and Customs Committee and Trade and Trade Facilitation Sub- Committee as part of the institutional structures for the elimination of NTBs at the regional level.…
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Zambia Receives Fuel Meters Calibration Equipment Worth $155,000

Lusaka, Tuesday, March 16, 2021: COMESA has handed over to the Zambian government a mobile Prover worth USD155,000 to be used by the national metrology agency. Mobile Prover is used in calibration of bulk meters in the fuel sector to increases accuracy in the standards used thus enhancing confidence in the quantity purchased or sold.…
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CMI is Helping Member States to Allay Financial Shocks

In an effort to safeguard the financial systems in the region against the build-up of systemic risk, the COMESA Monetary Institute, last week mounted a training to enhance Member States’ understanding and mitigation measures. The virtual training took place on 8 – 12 March, 2021, attended by participants drawn from 12 Central Banks of COMESA…
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COMESA, AFREXIMBANK Sign Deal to Implement US$1billion Continental Transit Scheme

Wednesday, March 10, 2021: COMESA and the African Export-Import Bank (Afreximbank) have today signed an Agreement to implement the COMESA Regional  Customs Transit Guarantee Scheme, commonly known as RCTG-CARNET. This marks the beginning of the implementation of the Bank’s US$1billion AfCTFA Adjustment Facility to support countries from significant tariff revenue losses as a result of…
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COMFWB Participates in the 1st Annual Africa Gender Equality Conference

The COMESA Federation of Women in Business was one of the institution that participated in the 1st Annual Africa Gender Equality Conference (#AGEC2021) High Level Round Table Discussions during the International Women’s Day under the theme: “Women in leadership: Achieving an equal future in a COVID-19 world”. This was the first ever such Conference took…
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COMFWB Participates in the 1st Annual Africa Gender Equality Conference

The COMESA Federation of Women in Business was one of the institution that participated in the 1st Annual Africa Gender Equality Conference (#AGEC2021) High Level Round Table Discussions during the International Women’s Day under the theme: “Women in leadership: Achieving an equal future in a COVID-19 world”. This was the first ever such Conference took place in Lilongwe, Malawi…
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6.8m Euros Border Post Upgrading Project Kicks Off

Activities have begun towards implementation of a €6.8 million project to upgrade the priority cross-border infrastructure and equipment at selected border points between Zambia on one hand and Malawi, Zimbabwe and Tanzania on the other. These are Mwami, Chirundu and Nakonde respectively. The first project implementation workshop was conducted in Zambia on March 21,  2021…
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Region Needs to Focus more on Border Facilitation and less on Controls

There is need to shift approaches in border management in the region to focus more on facilitation as opposed to control in order to ease free movement of persons. This will facilitate regional trade and lead to higher levels of integration and economic development. This was expressed at the 11th meeting of the COMESA Chiefs…
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COMESA Online Trade Platform Soon to go Live

Eighteen out of 21 COMESA Member States have so far nominated focal point persons to be responsible for management of the COMESA Online Trade Portal and coordinate with national stakeholders to compile information needed to update the live platform at the country level. The Platform was approved by the Council of Ministers in May 2020,…
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Ease of Cross Border Movement of Persons Expected as Tripartite Ministers Approve Facilitation Guidelines

The Tripartite Sectoral Ministerial Committee for Trade, Customs, Finance, Economic Matters and Home/Internal Affairs has approved guidelines to facilitate the safe mass movement of persons and personal goods across the region while mitigating the spread of COVID-19. The guidelines will subsequently be tabled before the next meeting of the COMESA-EAC-SADC Tripartite Council of Ministers, planned…
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