We value your privacy

We use cookies to enhance your browsing experience, serve personalized ads or content, and analyze our traffic. By clicking "Accept All", you consent to our use of cookies. Cookie Policy

Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

ADVERTISEMENT
Africanian
  • News
  • News 24/7
  • Politics
  • Business
  • Health
  • Sports
  • Travel
  • World
    • US
    • Russia
    • Europe
    • Asia
    • America
  • Events
No Result
View All Result
Africanian
No Result
View All Result
Home Business

Malawi not ready to ratify Tripartite Free Trade Area (TFTA)

The TFTA is a proposed African free trade agreement Comesa, Southern African Development Community and East African Community.

in Business
Reading Time: 2 mins read
1 0
0
Malawi not ready to ratify Tripartite Free Trade Area (TFTA)
5
SHARES
Share on FacebookShare on TwitterShare via Whatsapp

Malawi is still negotiating on ‘important’ aspects before it ratifies the Tripartite Free Trade Area (TFTA), the government has said.

Ministry of Industry and Trade spokesperson, Mayeso Msokera, said yesterday that instruments of ratification for the African Continental Free Trade Area (AfCFTA) on the other side are at an advanced stage

He was reacting to a statement by Common Market for Eastern and Southern Africa (Comesa) Secretary General, Chileshe Kapwepwe, who last week said Malawi is among countries that require close monitoring on ratifying the trade agreements.

Kapwepwe said under market integration, 22 out of 28 countries have signed the TFTA Agreement, while only eight have signed and ratified.

“The ratification of TFTA Agreement especially with Zambia, Zimbabwe, Comoros, Tanzania, Sudan, Eswatini and Malawi is one of the activities that will need active follow-up,” Kapwepwe was quoted to have said by an e-Comesa weekly newsletter.

More

Kenya turns resources into results: the economy grows and strengthens

Nigeria accelerates economic transformation with key reforms and signs of recovery

Rwanda combines youth innovation and circular economy to build a resilient nation

But in an interview, Msokera, said the ratification will only be done once all necessary aspects have been looked into in the best interest of Malawian businesses.

“Negotiations on some critical aspects of the Tripartite Agreement such as the Rules of Origin are still outstanding but at an advanced stage now. Once the negotiations are done, Malawi will in due course, proceed to commence the ratification process by submitting complete set of required documents.

“On the AfCFTA, the government in collaboration with the Ministry of Justice and Constitutional Affairs is currently working on the AfCFTA instruments of ratification to be deposited with the African Union Commission,” Msokera said.

He said this follows an in-depth study that the ministry undertook on benefits of the pact.

The AfCFTA on the other side will bring together all 55 member states of the African Union covering a market of more than 1.2 billion people, including a growing middle class, and a combined gross domestic product of more than $3.4 trillion.

The main objectives of the AfCFTA are to create a single continental market for goods and services, with free movement of business persons and investments, and thus pave the way for accelerating the establishment of the Customs Union.

Source: times.mw
africanian

africanian

  • Trending
  • Comments
  • Latest
Jump Shot: The NBPA x UM6P Innovation Challenge – A Game-Changer for African Entrepreneurs

Jump Shot: The NBPA x UM6P Innovation Challenge – A Game-Changer for African Entrepreneurs

March 24, 2025
Kenya turns resources into results: the economy grows and strengthens

Kenya turns resources into results: the economy grows and strengthens

July 17, 2025
Weather in Kenya: Climate, Seasons, and Average Temperature

Weather in Kenya: Climate, Seasons and Average Temperature

August 26, 2020
Kenya drives digital inclusion with a program to benefit over 50,000 people in three years

Kenya drives digital inclusion with a program to benefit over 50,000 people in three years

July 18, 2025
Kenya turns resources into results: the economy grows and strengthens

Kenya turns resources into results: the economy grows and strengthens

July 17, 2025
Mozambique leads ambitious reconstruction in Cabo Delgado with youth-centered and sustainable approach

Mozambique leads ambitious reconstruction in Cabo Delgado with youth-centered and sustainable approach

July 17, 2025
Twitter Instagram Youtube Facebook
No Result
View All Result

Africanian News

Is a dedicated project aimed at amplifying the voices of the African Ecosystem and Diaspora. We actively collaborate with initiatives to improve access to education and digital inclusion, both in traditional schools and through digital platforms, for African children.

It’s crucial to emphasize that none of the articles or images featured on our platform are intended for copyright infringement, neither now nor in the future. If you believe that any information, text, image, etc., may be subject to copyright and should be removed, please notify us by sending an email to info@africanian.com

Your dreams matter; your stories matter.

Feel free to explore collaboration opportunities with us. Share your articles, thoughts, interviews, experiments, or no-comment videos by reaching out to info@africanian.com. You can also subscribe to our mailing list to receive the latest updates from Africanian News.

© 2024 Africanian News: From Africa, by Africans, for Africa, and friends of Africa.

No Result
View All Result
  • News
  • Politics
  • Business
  • Health
  • Sports
  • Entertainment
  • Tech
  • Travel
  • World

© 2024 Africanian News: From Africa, by Africans, for Africa, and friends of Africa.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Log In

Sign In

Forgot password?

Don't have an account? Register

Forgot password?

Enter your account data and we will send you a link to reset your password.

Back to Login

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Accept

Add to Collection

  • Public collection title

  • Private collection title

No Collections

Here you'll find all collections you've created before.