Signed Free Trade Area won’t be ratified-Yaluma

Business
Share and Like
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  

By Inutu Mwanza in Ethiopia
Minister of Commerce, Trade and Industry Christopher Yaluma says Government will not ratify the recently signed Africa Continental Free Trade Area Agreement until further consultation is done with the Zambian people.

Mr Yaluma said it will be after consultation with the citizenry that the ACFTA ratification proposal will be tabled in parliament and Cabinet as required by the Zambian law.

The Minister has urged Zambians to support the decision made by government to sign the ACFTA framework to allow Zambia join the envisaged common market in Africa.

He said Zambia stands to benefit as Government will ensure that there is industrialisation and production of quality goods within Zambia.

Mr Yaluma said Zambians must support this measure as it would help remove the perception of Zambia being a dumping site of low standard goods.

President Edgar Lungu signed the Africa Continental Free Trade Area Agreement during the just ended 32nd Heads of States and Government Summit in Addis Ababa, Ethiopia.

Tagged