Lusaka, Zambia, 22 March 2023 - The Namibian Government in collaboration with the Economic Commission for Africa (ECA) and the United Nations System in Namibia will hold a meeting to validate Namibia’s National Trade Policy on March 27, 2023, Windhoek, Namibia.
The Draft National Trade Policy outlines policy measures and strategies that will enable trade to anchor sustainable economic growth and development of Namibia. It critically provides a cohesive policy which positions Namibia’s trade through the various agreements to which it is a state party, including the Africa Continental Free Trade Area (AfCFTA) and the Africa Growth and Opportunity Act (AGOA) etc.
The Draft Trade Policy is comprehensive and focuses on both trade in goods and trade in services. Trade in services has become the most dynamic part of global trade in recent years and an option for export diversification in developing countries, including Namibia. Services matter for Namibia's development not only in its own right but additionally as an input into the production of goods and, an avenue for export diversification, and therefore a potent contributor to inclusive growth, employment creation and poverty reduction.
Objectives of the Policy Dialogue
The overall objective of the meeting is to provide Namibian stakeholders with an opportunity to review and validate the draft national trade policy prepared with the technical support of ECA. The review will, among others, focus on ensuring that the policy adequately addresses the aspirations of all Namibians in as far as both domestic and international trade in goods and services are concerned.
MEDIA CONTACTS
Bedson Nyoni
UNECA-SRO-SA
Senior Information Management Assistant
Cell: 0977845948
Email: nyonib@un.org
Alt: williamsnyoni@gmail.com