Malawi markets investment forum
Minister of Industry and Trade, Joseph Mwanamvekha, took advantage of the Comesa- East African Economic Community-Sadc council of ministers meeting in Sharm El Sheikh, Egypt on Tuesday to market the forth coming Malawi investment forum to the region.
The council of ministers meeting finalised preparation of instruments for the launch of the Tripartite Free Trade Area (TFTA) yesterday by heads of states from the three regional trading blocs which are merging into the TFTA.
The discussions included the Tripartite Free Trade Area Agreement signed by the heads of state and government as well as the Sharm El Sheikh Declaration launching the Tripartite FTA.
Addressing the meeting, Mwanamvekha invited the 26 ministers from the participating countries to come to Malawi and attend the forum.
“Malawi trades more with European countries, but we would like to improve our trade relations with fellow African countries,” said Mwanamvekha.
He said the investment forum aims at boosting Malawi’s trade and investment in sectors such as tourism, energy, manufacturing, infrastructure, agriculture and services.
The Malawi Investment Forum 2015 is scheduled to take place from June 29 to 30 and aims to bring together investors, both local and foreign.