There are seven main vernacular languages: Nyanja, Bemba, Tonga, Lozi, Luvale, Lunda and Kaonde, with more than 70 dialects spoken across the country. Zambia is an entirely landlocked country covering an area of 752,612 km². According to the Article 46 of the treaty, member states have the advantage of enjoying non-tariff goods and services within the Common Market. zambian government outlines benefitts for zambia belonging to both sadc and comesa GOVERNMENT HAS OUTLINED A NUMBER BENEFITS WHICH THE COUNTRY IS GETTING FROM BEING A MEMBER OF THE COMMON MARKET FOR EAST AND SOUTHERN AFRICA (COMESA) AND THE SOUTHERN AFRICAN DEVELOPMENT COMMUNITY (SADC) BY STATING THAT THE TWO REGION BLOCKS HAVE OPENED MARKETS FOR ZAMBIAN … Tel: +260-211-220177 | +260-211-222858 Thanks to the dedication and hard work of the National Organization Committee of the AGOA Forum in Togo, led by Mrs. Dede Ahoéfa Ekoue, the Lomé edition of the event was a great success. Livingstone is another main centre, the former capital of Zambia, located eight kilometres from Victoria Falls. The maximum possible gains from free trade for Zambia are 2.8% of gross domestic product annually while the completion of COMESA and SADC free trade areas provides economy-wide benefits of 1.2% and 1.0% of GDP respectively. COMESA was established when a treaty was signed on November 5, 1993, in Kampala, Uganda, and then ratified the following year in Lilongwe, Malawi, on December 8, 1994. “Economic Integration and Development in Africa”; Henry Kyambalesa, et al. The Common Market for Eastern and Southern Africa (COMESA) is a regional economic integration grouping of African states. The FTA was achieved on 31st October, 2000 when nine of the member States namely Djibouti, Kenya, Madagascar, Malawi, Mauritius, Sudan, Zambia and Zimbabwe eliminated their tariffs on COMESA originating products, in accordance with the tariff reduction schedule adopted in 1992.This followed a trade liberalisation programme that commenced in 1984 on reduction and eventual elimination of tariff and non-tariff barriers to intra- regional trade. Additionally, the members can harmonize their macroeconomic activities and remove the obstacles to the free movement of capital and services within the Common Market. Consequently, the countries have the benefit of cooperating in agricultural research and extension, enhancing rural development and export of agricultural commodities. TO ZAMBIA AND COMESA January – March 2016 benefit of Zambian children. David holds a Master of Arts in international journalism from the University of Westminster, UK. Danny Faure, Seychelles’ Vice President. #2 you are dataless, COMESA did not reject the membership of South Africa. The creation in June 2015 of a free trade area from Cape Town to Cairo is possibly the most significant event in Africa since the formation of the Organization of African Unity in 1963. Zambia is a developing country and has achieved middle-income status in 2011. Malawi to benefit from K1 billion UK trade, Covid-19 support for southern Africa. They have agreed to promote integration via trade and to develop human and natural resources for the advantage of their citizens. This plateau is a mix of woodland and savannah regions interspersed with lakes, rivers, hills, swamps and lush plains. Tel: +260-211- 253020|252483 Lusaka is the capital city and is believed to be the fastest growing city in Central Africa. COMESA is now comprised of 21 African Member States, being Burundi, Comoros, Democratic Republic of Congo, Djibouti, Egypt, Eritrea, Ethiopia, Kenya, Libya, Madagascar, Malawi, Mauritius, Rwanda, Seychelles, Somalia, Sudan, Swaziland (Eswatini), Tunisia, Uganda, Zambia and Zimbabwe. Some of the benefits that the ‘COMESA investor and other foreign investors will receive under the Agreement are national and most favoured nation treatment. Member states have the advantage of providing high quality goods and services in the Common Market because COMESA treaty recommends elimination of rigidities in manufacturing and production. E-mail: marketing@zambia.travel E-mail:  info@zda.org.zm COMESA accords members the advantage of adopting a regional policy that puts checks on all possible economic and social problems faced during the implementation of the treaty. The successful applicants will also be required to undertake significant duty travel to COMESA Member States, the African Union, other Regional Economic Communities and any others identified in the line of duty. IMPLICATIONS – BENEFITS •1.WIDER MARKET - Economies of scale - Product diversity - Sectorial growth and employment creation SADC (excl.) COMESA represents a chance for member countries to enhance their economic and social relations through increasing intra-trade. Also, the states have the benefit of recognizing the unique situation of countries like Namibia, Swaziland and Lesotho within the context of the Common Market and give temporary exemptions, as opposed to full application of specified provision in Article 3 of the COMESA treaty. Nine of the member states formed a free trade area in 2000 (Djibouti, Egypt, Kenya, Madagascar, Malawi, Mauritius, Sudan, Zambia and Zimbabwe), … E-mail: secretariat@zacci.co.zm 9th Floor Government ComplexLusaka, Zambia, Zambia Chamber of Commerce and Industry In both Mauritius and Zambia support from COMESA and SADC has been useful, though limited. Overview: In 2018 Zambia was the number 105 economy in the world in terms of GDP (current US$), the number 83 in total exports, the number 108 in total imports, the number 158 economy in terms of GDP per capita (current US$) and the number 103 most complex economy according to the Economic Complexity Index (ECI) Exports: The top exports of Zambia are Raw Copper ($5.42B), Refined Copper … The 16th edition of AGOA Forum sought to explore how countries can continue to maximise the benefits AGOA provides. The duty Station will be at the COMESA Secretariat headquarters in Lusaka, Zambia. COMESA promotes member cooperation in financial and monetary matters and establishes convertibility of their currencies through the Common Monetary Union. Zambia is an entirely landlocked country covering an area of 752,612 km². Nine of the member states formed a free trade area in 2000 (Djibouti, Egypt, Kenya, Madagascar, Malawi, Mauritius, Sudan, Zambia and Zimbabwe), … Website: http://www.zambiatourism.com, Copyright © 2021 Common Market for Eastern and Southern Africa (COMESA) Secretariat. Because of COMESA agreements, today Seychelles is exporting its tuna to Egypt and they are buying it duty free says Hon. Box 30819, Lusaka, Zambia The objective of this paper is to assess the role of COMESA in promoting intra-regional agricultural trade between Sudan and COMESA countries. A transitional period of three years was provided for during which time the Member States would align their national tariffs with the COMESA CET. Fax: +260 211 225174 A multi-market model with Armington non-linear specification was applied. The member states are Burundi, Comoros, Democratic Republic of Congo, Djibouti, Egypt, Eritrea, Ethiopia, Kenya, Libya, Madagascar, Malawi, Mauritius, Rwanda, Seychelles, Sudan, Swaziland, Uganda, Zambia and Zimbabwe. COMESA: Introduction The Common Market for Eastern and Southern Africa (COMESA) is a free trade area that encompasses 19 countries stretching from Libya to Zimbabwe. Benefits of the membership are realised at a political, an economic and developmental level. E-mail:  info@zda.org.zm These are Mauritius, Madagascar, Zimbabwe, Egypt, Malawi, Rwanda, Burundi, Kenya, Djibouti, Zambia, Comoros and Libya. Its contribution to GDP has averaged 26 %. All rights reserved, Agriculture, Industry & Private Sector Development. Botswana is not a member of COMESA and therefore can not make any direct comparison. 1.0 Introduction The 20th meeting of the COMESA Committee of Central Bank Governors held in Kinshasa, Congo (DR) from 26th to 27th November 2014 considered a study on “Empirical Assessment of the effectiveness of monetary policy in COMESA member countries”. The tourism sector has consistently demonstrated growth due to a rich natural heritage, including great waterfalls, rivers, lakes, and a wealth of wildlife roaming in its vast sanctuaries. U.S.-ZAMBIA RELATIONS The United States established diplomatic relations with Zambia in 1964, following its independence from the United Kingdom. Through the Common Market regional economic integration and development in Africa ” ; Henry Kyambalesa, et al with non-linear! The objective of this paper is to assess the role of COMESA in promoting intra-regional trade. 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