{"id":57993,"date":"2023-11-09T12:16:01","date_gmt":"2023-11-09T12:16:01","guid":{"rendered":"https:\/\/www.africa-press.net\/namibia\/all-news\/collaboration-can-enhance-regional-trade-as-mauritius-explores-namibian-opportunities"},"modified":"2023-11-09T12:39:20","modified_gmt":"2023-11-09T12:39:20","slug":"collaboration-can-enhance-regional-trade-as-mauritius-explores-namibian-opportunities","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/namibia\/all-news\/collaboration-can-enhance-regional-trade-as-mauritius-explores-namibian-opportunities","title":{"rendered":"Collaboration can enhance regional trade \u2026as Mauritius explores Namibian opportunities"},"content":{"rendered":"

Africa-Press – Namibia. <\/strong><\/span>Namibia understands the importance of enhancing intra-Africa trade, creating synergies and an enabling environment to unlock opportunities for sourcing materials and intermediate products while promoting economic self-sufficiency.<\/p>\n

This is according to deputy executive director in the trade ministry Ndiitah Nghipondoka-Robiati, who was speaking on Monday during a Namibia-Mauritius business forum.<\/p>\n

Nghipondoka-Robiati noted that one of the ministry\u2019s mandates is to promote economic growth and development, through the formulation and implementation of appropriate policies with the view to attract investment and increase trade, as well as develop and expand Namibia\u2019s industrial base.<\/p>\n

\u201cThe ministry is committed to continue creating an enabling environment for trade and investment opportunities regionally and globally,\u201d said Nghipondoka-Robiati at the forum in Windhoek.<\/p>\n

She noted that by connecting with Mauritian buyers, distributors and business partners, domestic economic growth will be stimulated.<\/p>\n

She added: \u201cNamibia and Mauritius share several similarities, including a shared interest in the tourism sector and regional alignment in terms of trade relations and economic groupings. Both countries are members of SADC and Tripartite (EAC, SADC and COMESA), and they are part of the Africa Continental Free Trade Area (AfCFTA). These economic groupings offer significant opportunities \u2013 and with platforms like this, we can reap the benefits equitably provided by these agreements to the benefit of our people and economies\u201d.<\/p>\n

She added that regionally, the ground is fertile, with the AfCFTA creating a platform where logistics and supply chains can garner the efficient movement of goods and services in the region.<\/p>\n

\u201cNamibia recognises the importance of intra-regional trade, and it is eager to engage in the discussions that can lead to smoother transportation and distribution processes,\u201d said Nghipondoka-Robiati.<\/p>\n

Executive director for MSME Development at the Namibia Investment Promotion and Development Board (NIPDB) Dino Ballotti concurred with Nghipondoka-Robiati that this is not just another engagement by two like-minded countries, who not only share a pro-active but also intentional approach to collaborate in unlocking the opportunities of the AfCFTA.<\/p>\n

\u201cAs brother countries within the SADC, we are here to forge meaningful partnerships and stimulate like-minded trade collaborations. We have a commonality in that we both share a vision for 2030. Where Namibia\u2019s vision is to be a prosperous and industrialised nation, Mauritius has the vision of addressing unemployment, eradicating poverty and being a high-income country by 2030. Our visions are very much aligned,\u201d Balloti reflected.<\/p>\n

He continued that Namibia has made significant strides in diversifying its economy, where it focuses on sectors such as agriculture, mining, manufacturing, tourism and renewable energy; hence, the country is \u201copen for business if it is mutually beneficial and can create sustainable local jobs\u201d.<\/p>\n

Welcoming investments<\/p>\n

Meanwhile, director of Economic Development of Mauritius Geerish Bucktowonsing said Namibia is a welcoming environment and a prospective destination for trade and investment.<\/p>\n

Some 15 companies from Mauritius are showcasing their goods and services at the business forum, representing diverse sectors, such as textiles and apparel, detergents, cosmetics, packaging, stationery and paper, articles of plastics, furniture, metal fabrication and agro-processing.<\/p>\n

\u201cAfCFTA is a game-changer in terms of creating a bigger and integrated regional market for African products, permitting producers to benefit from economies of scale and to access cheaper raw materials and intermediate inputs,\u201d said Bucktowonsing.<\/p>\n

\u201cOur products are reaching Namibia via South Africa \u2013 and this is about developing a new route to have volume and exchange, and that\u2019s why we brought these companies here. There are many fields,\u201d Bucktowonsing explained.<\/p>\n

He added that the mission is to provide a win-win situation for the parties involved because, as a small African island, they have had a giving and sharing spirit, making it a \u201ccollaborative approach\u201d.<\/p>\n

\u201cNamibia and Mauritius benefit from the African Growth and Opportunity Act (AGOA), and we have been a lead exporter within that agreement. Despite that, we are still exporting less than 1% of African volume. To mitigate this, you can\u2019t do it alone; you need that collaborative approach,\u201d he stated.<\/p>\n

Bucktowonsing said Mauritius does not have raw materials, which is why \u201cregional collaboration is important to see the upliftment of Africa in terms of economic growth\u201d.<\/p>\n

He said part of the reason for fostering trade and industrialisation ties is because of Namibia\u2019s impressive and remarkable global rankings in gender-equal society index, environmental performance, freedom of the press and others.<\/p>\n

For More News And Analysis About Namibia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Namibia. Namibia understands the importance of enhancing intra-Africa trade, creating synergies and an enabling environment to unlock opportunities for sourcing materials and intermediate products while promoting economic self-sufficiency. This is according to deputy executive director in the trade ministry Ndiitah Nghipondoka-Robiati, who was speaking on Monday during a Namibia-Mauritius business forum. Nghipondoka-Robiati noted […]<\/p>\n","protected":false},"author":84,"featured_media":57991,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[234,236,233],"class_list":["post-57993","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-namibia","tag-namibia"],"yoast_head":"\nCollaboration can enhance regional trade \u2026as Mauritius explores Namibian opportunities - Namibia<\/title>\n<meta name=\"description\" content=\"Namibia understands the importance of enhancing intra-Africa trade, creating synergies and an enabling environment to un ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/namibia\/all-news\/collaboration-can-enhance-regional-trade-as-mauritius-explores-namibian-opportunities\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Collaboration can enhance regional trade \u2026as Mauritius explores Namibian opportunities\" \/>\n<meta property=\"og:description\" content=\"Namibia understands the importance of enhancing intra-Africa trade, creating synergies and an enabling environment to un ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/namibia\/all-news\/collaboration-can-enhance-regional-trade-as-mauritius-explores-namibian-opportunities\" \/>\n<meta property=\"og:site_name\" content=\"Namibia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-09T12:16:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-09T12:39:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2023\/11\/sm_1699520891.91979.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"479\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/collaboration-can-enhance-regional-trade-as-mauritius-explores-namibian-opportunities#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/collaboration-can-enhance-regional-trade-as-mauritius-explores-namibian-opportunities\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Collaboration can enhance regional trade \u2026as Mauritius explores Namibian opportunities\",\"datePublished\":\"2023-11-09T12:16:01+00:00\",\"dateModified\":\"2023-11-09T12:39:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/collaboration-can-enhance-regional-trade-as-mauritius-explores-namibian-opportunities\"},\"wordCount\":730,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/collaboration-can-enhance-regional-trade-as-mauritius-explores-namibian-opportunities#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2023\/11\/sm_1699520891.91979.jpg\",\"keywords\":[\"africa press\",\"Africa Press-Namibia\",\"namibia\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/namibia\/all-news\/collaboration-can-enhance-regional-trade-as-mauritius-explores-namibian-opportunities#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/collaboration-can-enhance-regional-trade-as-mauritius-explores-namibian-opportunities\",\"url\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/collaboration-can-enhance-regional-trade-as-mauritius-explores-namibian-opportunities\",\"name\":\"Collaboration can enhance regional trade \u2026as Mauritius explores Namibian opportunities - 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