Government is optimistic that ongoing discussions with Mozambique will soon lead to a boost for small-scale cross-border traders, as the two countries move closer to finalizing a Simplified Trade Regime (STR).
The STR is a trade arrangement within SADC that allows cross-border traders to import goods duty-free, provided the goods originate from member states.
Speaking at the opening of the third round of Simplified Trade Negotiations in Blantyre, Secretary for Trade and Industry Christina Zakeyo noted that the negotiations are expected to culminate in the official signing of the framework, though the exact date will be determined during the ongoing discussions.
Leading the Mozambican delegation, Lázaro Macuacua, Director of the Legal Office in the Ministry of Industry and Trade in Mozambique said the STR will strengthen bilateral ties and promote economic growth in the region.
The current meeting follows a similar session held in March 2024 in Tete, Mozambique. The negotiation process is supported by the World Bank-funded Southern Africa Trade and Connectivity Project in both countries, which provides logistical backing for these crucial discussions.
