9.5 C
Alba Iulia
Tuesday, August 11, 2020

Zambia will not relax its rules on the importation of wheat flour from other SADC countries-Yaluma

Economy Zambia will not relax its rules on the importation of wheat flour...

Minister of Commerce, Trade and Industry, Christopher Yaluma
Minister of Commerce, Trade and Industry, Christopher Yaluma

Commerce, Trade and Industry Minister Christopher Yaluma says Zambia has expressed reluctance to relax its rules on the importation of wheat flour from other SADC countries by the Southern African Development Community (SADC).

Mr. Yaluma, says Zambia’s decision to maintain the status-quo concerning wheat importation was in the best interest of the country as it would benefit the local economy.

Speaking on the side lines of the SADC 30th meeting of the committee of Ministers of Trade held in Pretoria, South Africa, Mr. Yaluma said Zambia’s decision has since been accepted by the SADC Secretariat.

He said Zambia will exercise caution to adopt international trade treaties that were not favourable to the country adding that by consensus, the decision was accepted by other countries.

Mr. Yaluma indicated that government needed sometime in order to make extensive consultation with several local stakeholders before adopting some international trade agreements.

He said government was interested in seeing that local businesses and manufacturing sectors were active participants in regional and international trade so as to empower them.

Mr. Yaluma, said government was actively working towards meeting deadlines given to ensure that it carried out extensive consultation before coming up with permanent position on some international trade agreements like joining the African Union Free Trade Area(FTA) which remained suspended.

He said government has so far remained committed to ensure that private and public sector stakeholders were involved through information dissemination and trainings.

3 COMMENTS

  1. This sounds good, but we seem to be BEATEN by the HIGH IMPORTATIONS OF PREMIXED FLOUR for bread, cakes etc baking by the big supermarkets who should be the biggest consumers of OUR OWN WHEAT FLOUR!! We liberalized without brakes but now should be the time to start applying some breaks and watch which ways our neighbours, the continent and the world are going!! In fact the analysis to wheat flour should follow all key sectors!!

Comments are closed.

- Advertisement -
Loading...
- Advertisement -

Latest News

Challenges of raising an autistic child

In this episode of Studio Ken, two parents - Mainza and Len Kawanu - discuss the challenges of raising...

Kamanga Congratuates Champions Nkana

FAZ President Andrew Kamanga has congratulated newly crowned FAZ Super Division champions Nkana and also given his side of the story on the controversial...

Zesco United Congratulate Successors Nkana

Outgoing FAZ Super Division champions Zesco United have congratulated Nkana for winning the 2019/20 league title. Nkana were on Sunday crowned league winners of the...

Ndola Lime Company not sold-ZCCM-IH

The ZCCM-IH has denied signing a memorandum of understanding Global Human Benefit Zambia Limited for the sale of a 65% stake and the...

Cabinet Approves Introduction of Bills to Provide for Economic Processing and Exportation of Cannabis

Cabinet has at its 18th meeting today approved, in principle, to the introduction of Bills in Parliament to provide for cultivation, processing and exportation...

More Articles In This Category