Zimbabwe and Zambia have pledged to remove all tariff and non-tariff barriers to trade, signaling a major commitment to deepen economic integration. The announcement was made by senior ministers during a bilateral business forum in Harare. Zimbabwe's Foreign Affairs Minister, Amon Murwira, stated that President Emmerson Mnangagwa has directed key ministries to implement measures facilitating this free trade initiative.
The ministers acknowledged that Africa lags behind other regions in intra-continental trade and identified this agreement as a step toward fulfilling broader African trade bloc objectives. The collaboration also extends to the energy sector, where both nations plan to modernize shared infrastructure like the Kariba hydroelectric facility. They emphasized that growing populations and industrial demands necessitate urgent investment in diversified energy sources and improved cross-border power connectivity.
The ministers acknowledged that Africa lags behind other regions in intra-continental trade and identified this agreement as a step toward fulfilling broader African trade bloc objectives. The collaboration also extends to the energy sector, where both nations plan to modernize shared infrastructure like the Kariba hydroelectric facility. They emphasized that growing populations and industrial demands necessitate urgent investment in diversified energy sources and improved cross-border power connectivity.
