Agreement for border trade between Mozambique and Malawi

21-Oct-2024 02:10 PM

Lilongwe. A mutual agreement has been reached between Mozambique and Malawi, two important North African countries supplying pigeon pea to India, to facilitate trade through the border route.

Under this agreement signed on 18 October, the conditions and procedures of border trade have been simplified and made easy.

This will benefit both the countries and will increase border trade. When this treaty will be implemented effectively, Mozambique and Malawi will get the opportunity to export-import 47 products, which will include agricultural commodities as well as manufactured products. These products will get exemption of up to $ 1000 in customs duty.

It took almost three years to finalize this agreement and its draft was prepared after several rounds of talks. The conditions and procedures of the treaty were discussed in detail by experts of both the countries.

The Commerce and Industry Minister of Mozambique went to Lilongwe to sign this agreement. He called this agreement another important step towards strengthening diplomatic and commercial relations with Malawi.

In fact, the countries of Africa are constantly making efforts to strengthen mutual relations. In the 32nd meeting of the SADC Council of Trade Ministers, all member countries were requested to make efforts to liberalize and simplify regional trade policies so that farmers,

consumers and entrepreneurs-traders can get relief and prosperity and happiness of all countries can increase. The agreement between Mozambique and Malawi is a part of this.