Southern African Organization Extends Trade Program
The Southern African Development Community recently extended its Trade Facilitation Program, which aims to improve intraregional trade flows between the SADC member states, the Hong Kong Trade Development Council reported Nov. 23. The program, which was extended through 2030, helps…
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ease some trade challenges between some African states, including supply‑side constraints, restrictive practices, the high cost of trading between member states because of poor infrastructure, delays in import and export clearances, inefficient transit traffic, “complicated” rules of origin, and the rise in non-tariff trade barriers, HKTDC said.