Global Alliance for Trade Facilitation—a public private partnership for trade-led growth—has launched a project aimed at simplifying regional and international trade for local micro, small and medium enterprises (MSMEs).
Thursday, the firm signed a Memorandum of Understanding with the government and other entities, marking the launch of the ‘Opening Borders to MSMEs and women-owned [entities]: Enhancing Trade Transparency and Inclusivity’ initiative.
It involves export training programmes for MSMEs, focusing on the agri-food sector, among others.
The initiative would help in the creation of user-friendly Harmonised System classification tools, generating greater certainty and transparency in the treatment of goods at borders, and help in avoiding delays, fines, and overpayment.
The project will also help MSMEs build capacity in international quality standards, packaging requirements, and export documentation.
Speaking at the launch, Centre for International Enterprise Senior Programme Manager Sousena Tafera said the initiative is aimed at empowering local MSMEs and giving them a competitive edge for the export market.
She said it will prepare them to take full advantage of an anticipated upswing in regional trade following the establishment of the African Continental Free Trade Area.
Principal Secretary for MSMEs in the Ministry of Industry and Trade Francis Zhuwao said the initiative is in line with the government’s aspiration of making local products competitive by empowering local producers.
Quoted in a statement, National Association for Small and Medium Enterprises President William Mwale said the initiative is ideal for SMEs growth
“This partnership offers unique business development services, enhancing professional international trade by equipping MSMEs with essential export trade skills. We see a gateway to prosperity,” he says.
