Economy

Zambia, Tanzania meet over barriers hampering trade between both countries

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Zambia and Tanzania on Friday met to discuss and resolve the remaining Non-Tariff Barriers (NTBs) hampering trade between the two countries.

This was the third of the Bilateral Trade Meetings held on April 15 to 18, 2024 at the Tunduma/Nakonde One Stop Border Post (OSBP) on the Tanzanian Side.

The meeting was co-chaired by Omar Shaaban, Minister for Trade and Industrial Development of the Revolutionary Government of Zanzibar, and Chipoka Mulenga, Zambia’s Commerce, Trade and Industry Minister.

This is contained in a statement issued by Commerce, Trade and Industry Ministry’s Public Relations Officer, Musanda Kangwa.

“The Ministers reiterated that both Zambia and Tanzania are committed to ensuring that there are harmonious trade policies between the two countries and that any challenges should be resolved for mutual success,” according to Kangwa.

She explained that the meeting was a follow up to the Bilateral Trade Ministerial Meeting with Tanzania held in November, 2023, in Nakonde District.

The Bilateral Meeting was convened in accordance with the directives of the Heads of State, Hakainde Hichilema and Samia Suluhu Hassan, for Zambia and Tanzania, respectively.

“The two Heads of State affirmed the need for the two countries to further strengthen their historical, trade, investment, economic and fraternal relations.

“The two Ministers of Trade were, therefore, directed to further address all Non-Tariff Barriers with a view of enhancing trade between the two nations,” Musanda said.

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