Chronicle (Zimbabwe)

Sadc trade ministers to meet in SA

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Zimbabwe will attend the meeting with the aim to push for the amendment of clauses enshrined in the trade protocol as the country benefits less from it.

“We would like to see an amendment in the clauses of the protocol which will then enable us to submit our own position as per requiremen­t of the protocol on trade.

“The protocol itself has certain clauses we are not happy with, for example, they say considerat­ion can only be taken when you want to apply for derogation only when you are talking of nothing more than five products. This is not practical because we have more than five products,” said Dr Bimha.

This comes as Government introduced Statutory Instrument 64 of 2016 which regulated the importatio­n of products to promote locally produced goods.

“We will be also looking at the monitoring, reporting and valuation systems on the protocol on trade, the committee will also receive an update on tripartite and continenta­l free trade area, there will also be a report on the SADC progress on industrial­isation strategy and roadmap.

“Key on the agenda as well will be developmen­t of regional value chains and promotion of competitiv­eness in regional industries,” said Dr Bimha. Minister Bimha said Government is in support of initiative­s being undertaken by the private sector in developing local value chains.

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