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COVID-19 in COMESA_Situational Update #21July 15, 2020
82% of NTBs in COMESA are Operational and Easy to Monitor: But Behind-the-border type of NTBS are more complex.
At least 82% of the reported Non-Tariff Barriers in the COMESA region are those imposed on imports and exports of goods and services and are largely operational by design. According to trade experts, these type of NTBs are easy to identify and monitor. Thus, from an analytical perspective, the relatively high rate of resolution ofJuly 14, 2020
Most countries in the COMESA region have recorded an above average yield in the production of staple foods for the 2019/2020 farming season, and this is expected to reduce hunger among the 560 million people. According to COMESA Seed Expert Dr John Mukuka, the increase is due to the fact that 90% of the 80July 14, 2020
COMESA Secretariat has received $1.1 million funding from the African Development Fund (AfDB) for the implementation of the Tripartite Capacity Building Programme Phase II. The funds will support COMESA, East African Community (EAC) and the Southern Africa Development Community (SADC) and their Member States to operationalize the Tripartite Free Trade Area (TFTA), a major milestoneJuly 14, 2020
By 2018, 98% of NTBs reported since 2008 had been resolved. These covered: liberalisation of import licensing, removal of foreign exchange restrictions, import and export quotas, easing of customs formalities, creation of one-stop border posts etcread more
FREE TRADE AREA
COMESA established a Free Trade Area in 2000, setting the stage for the reduction of tariffs amongst Member States. Hence, intra-COMESA trade has grown at an average of 7% with higher inceases reflected between intra-Free trade Area States.read more
VIRTUAL TRADE FACILITATION
COMESA CVTFS is an online system that integrates other COMESA trade facilitation instruments in one platform. It also helps to monitor consignments along different transport corridors across the region.read more
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