Business

Traders to reap from €13m fund

ESTHER MSETEKA, Lusaka
ZAMBIA’S cross-border traders stand to benefit from the €13.4 million trade initiative programme to boost trade flows.
This follows the partnership between Common Market for Eastern and Southern Africa (COMESA) and the International Trade Center (ITC) to implement the cross-border trade initiative programme in Zambia, Malawi, the Democratic Republic of Congo and Tanzania.
The funding, which is being provided by the European Union (EU) Development Fund, will enable COMESA and ITC to co-delegate the operations of the initiative.
Last year, COMESA and the EU signed an agreement to implement the cross-border trade initiative at a cost of €13.4 million http://epaper.daily-mail.co.zm/

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