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The COMESA region represents 29.19% (34,606) of the total cases reported in Africa (118,535). While some of the Member States reported a surge in the number of new cases in the earlier stages, these numbers have reduced and in some cases such as Eritrea, Mauritius and Seychelles have reported zero active cases for a while.May 27, 2020
Lusaka, May 26, 2020: The International Monetary Fund projects that the global economy will contract by 3% in 2020 much worse than during the global financial crisis and grow by 5.8% in 2021, assuming that the pandemic fades in the second half of 2020 and containment measures are lifted. Sub Saharan Africa is projected toMay 26, 2020
May 24, 2020: Since the first case of Covid-19 was reported in the Great Lakes region in mid-March 2020, small scale traders have been unable to cross borders as they have traditionally done either to buy or sell goods. The regional supply of primary agricultural commodities, most of which are traded under the Simplified TradeMay 25, 2020
Lusaka, May 24, 2020: Corona-virus preventive measures taken by various Member States including testing, quarantines and restrictions of gatherings along border points have made it almost impossible for cross-border transactions to take place normally. Clearance of cargo has also been tremendously slowed down leading to long queues hindering supply of essential pharmaceuticals and food items.May 24, 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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