High costs frustrate COMESA trade goals

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Finance Minister Joseph Mwanamvekha expressed concern over high transaction costs and recurring economic instability. These factors are limiting trade within the 21-member Comesa trade bloc. During a symposium in Lilongwe, the minister noted that intra-regional exports account for seven percent of trade.

Minister of Finance, Economic Planning and Decentralisation Joseph Mwanamvekha has lamented high transaction costs and recurring economic instability for limiting trade in the 21-member Comesa trade bloc. The minister, speaking at the Common Market for Eastern and Southern Africa (Comesa) Central Bank Governors’ Symposium in Lilongwe yesterday, said intra-regional exports account for seven percent of … The post High costs frustrate COMESA trade goals appeared first on Nation Online .

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