Zambia won’t be a dumping ground – Minister

Filed under: Business,Latest News |

Minister of Commerce and Trade Christopher  Yaluma has allayed fears that ratifying the African Continental Free  Trade Area(AfCTA) may result into Zambia becoming a dumping ground of exported goods.

Christopher Yaluma

Welcoming the resolutions of the Meeting of Ministers of Trade in preparation for the operationalisation of the AfCFTA,  Mr Yaluma said the fears were unfounded as Zambia was already under wide customs free trade areas in SADC and COMESA.

The Minister said Government had put mechanisms through the establishment of the Industrial  Development Coperation~IDC~to attract investors in manufacturing with a view of promoting industralisation .

He said Zambia had consulted widely and the proposal for ratification will be taken to Parliament so that Zambia will not be left out of the benefits that will accrue state parties to the CFTA.

During the July 2019 Extraordinary Heads  of States  and Government summit in Niger, the African Continental free Trade Area will be officially effected.

By Inutu Mupango Mwanza 

First Secretary ~Press/Tourism

Zambia Embassy, Addis Ababa 



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Start: 2019-07-01 End: 2019-07-31