Mutharika says AU launches negotiations on Africa free trade zone

The African Union (AU) has launched negotiations on the continental Free Trade Area in efforts to enhance economic activities on the continent.

Vice President Saulos Chilima welcoming President peter Mutharika on arrival from Egypt and South Africa on Tuesday -pic by Govati Nyirenda -MANA

Vice President Saulos Chilima welcoming President Peter Mutharika on arrival from Egypt and South Africa on Tuesday -pic by Govati Nyirenda -MANA

Mutharika back home

Mutharika back home

President Prof Peter Mutharika said this Tuesday upon his arrival at Kamuzu International Airport (KIA) in Lilongwe from a trade summit in Egypt and the 25th AU Summit in South Africa.

He said the continental Free Trade Area will result in huge market and that Malawians should take advantage of the market by producing quality goods and work together in improving the economy.

Malawi’s leader said there was need for people in the country to unite towards building the country.

He adding that, “this was extremely important, one of the most important meetings was held in the African Union in which we had meetings over 26 countries of Common Market for Eastern Africa (COMESA), Southern Africa Development Community (SADC) and the East Africa Community (EAC).”

President Mutharika further said the negotiations for the continental free trade were launched in South Africa among 41 member states, 26 Southern African and 15 Eastern African.

Mutharika said in two years time the country will have markets for the whole continent whereby goods will be free to travel from one country to another.

“If we are to take advantage of this market it means we should be in a position to produce goods for sale, and that’s also why am pushing for foreign investors to come in the country,” said the President.

Follow and Subscribe Nyasa TV :

Please share this Article if you like Email This Post Email This Post

More From the World

Sort by:   newest | oldest | most voted
Gracious Mikeasi
Guest
There is so many Malawians who are working in foreign countries most in african country because of no jobs in Malawi. When will you Mr President try to create jobs for the youth of Malawians? Other are in South Africa looking for jobs and some of them were killed during the Xenophobia attack the past 2 months and others are in jail waiting for deportation. What did you do on this issue at AU SUMMIT? Why didn’t you fight for these people to be released or to be send back to Malawi as soon as possible?
Wozinyanyala
Guest
Mr President Sir, dont tell lies to Malawians. We could hardly see your presence at the AU meeting last week. The only reason we saw your face was bkoz you were hiding behind Al-Bashir knowing cameras will be on him. You are just waisting Malawians hard earned money flying around like a headless chicken instead of fixing problems at home. Since taking over, you have done nothing but move up and down and make vain promises. If I were you, I would be ashamed to be running the poorest country in the world. You are lying to Malawians that you… Read more »
ujeni
Guest

Why are you not an Office President Peter Mutharika, are you a master at lying? So far you have lied too much to the nation within one year, your asset declaration comes to mind too.

On free trade zone, Malawi cannot even take advantage of nearby SADC countries we have everything in common and you expect to break Arab barriers in Egypt?

truevoter
Guest

welcome back my hero

nYAU SITHOBWA
Guest

Good move aBWANA BUT FOR YOUR INFORMATION IS THAT THE LATEST FORENSIC AUDIT IS OUT AND SOME OF YOUR MINISTERS ARE THERE INCLUDING YOU SIR WHATS YOUR COMMENT ON THIS MATTER SIR.

peter muthanyula
Guest

Mr. President Sir, we cannot benefit from Free Trade as long as our economy shies away from production. Invest in export oriented production. For now protect our industry, focus on the old-fashioned import substitution, put tariffs on unnecessary imports.

Bandawe
Guest

I don’t get it . you are inviting foreign investors to Malawi to do what??? Can we get our priorities together first!!!

wpDiscuz

More From Nyasatimes