By BUUMBA CHIMBULUPRODUCTS from various Small and Medium Entrepreneurs (SMEs) and cooperatives need to be pooled together to meet export demand under the African Continental Free Trade Area (AfCFTA).Zambia needs to devise and explore a different approach to AfCFTA implementation in comparison to other trade protocols such as the Southern African Development Community (SADC) and Common Market for Eastern and Southern Africa (COMESA).This is according to the Consumer Unity and Trust Society (CUTS) Board member, Sajeev Nair.Mr Nair said the best way was to strengthen competitiveness of domestic industries and SMEs as well as enhance the trade defence mechanism in order to benefit from the free trade agreement. “Unlike SADC and COMESA Free Trade Areas (FTAs) which was small in market size and a few countries involved. AfCFTA brought the whole of Africa into FTA, where you have large market to export.“At the same time, Zambia will face import competition from all those countries for […]
SMES, COOPERATIVES ADVISED TO POOL TOGETHER
