HomeLocal NewsTap into ZimTrade competencies – ED tells Provincial Ministers

Tap into ZimTrade competencies – ED tells Provincial Ministers

Zimbabwe Independent

The drive towards increasing Zimbabwe’s exports will receive a boost if all stakeholders work together.This was said by President Emmerson Mnangagwa when he opened the ZimTrade Annual Exporters Conference held recently in Bulawayo from October 17 to 18.

Held under the theme “Rethink. Reform. Export!”, the conference brought together public and private stakeholders to deliberate on best approaches to increase Zimbabwe’s exports.

To do this, President Mnangagwa urged all stakeholders to combine individual efforts that are targeted at increasing Zimbabwe’s exports.

“To realise sustainable export growth, we can no longer afford to work at a slow pace; everyone has to move with speed in their areas of responsibility.

“There is urgent need for both the public and private sectors to synergise our efforts and collectively take appropriate steps to boost our country’s exports, which is the most sustainable way to stabilise and grow our economy,” he said.

President Mnangagwa explained that there is room for stakeholders to work together to attract much-needed investment and increase trade.“I would like to reiterate that Zimbabwe is open for business, hence we need to work together in creating an enabling environment for strategic trade and investments.

“We must all work with unity of purpose to facilitate trade and investment as well as ensure trade policy predictability and sustainability,” said President Mnangagwa.

To improve coordination of activities aimed at increasing Zimbabwe’s exports, President Mnangagwa urged all Provincial Ministers to come up with Export Development Strategies and Plans.

“Provinces are therefore encouraged to develop Export Development Strategies and Plans aligned with the National Export Strategy Policy and the Zimbabwe National Trade Policy, albeit based on their respective resource endowments,” he said.

President Mnangagwa also encouraged companies, districts and provinces to increase export earnings, first by setting export targets in line with the country’s regulations.

To ease the process of increasing exports, President Mnangagwa implored provincial ministers to take advantage of services offered by ZimTrade.

“In this regard, Provincial Ministers are urged to tap into ZimTrade competencies in the development and promotion of their export initiatives,” he said.

ZimTrade is the national trade development and promotion organisation, established in 1991 as a unique joint-venture partnership between the Private Sector and the Government of Zimbabwe.

ZimTrade executes its mandate through a range of activities modelled along four value-added services which are market intelligence, export development, export promotion and advocacy.

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