COMESA domesticating members’ commitments on regional development

The Regional Integration Support Mechanism (RISM) has maintained its focus of domesticating commitments of Common Market for Eastern and Southern Africa (COMESA) member states and those of Eastern African countries at national level to accelerate regional development.

COMESA Secretary General Sondiso Ngwenya said this was in recognition of the importance of providing a conducive policy and regulatory environment for the economic players in the region.

Mr. Ngwenya said this today when he officiated at the fourth COMESA Adjustment Facility (CAF) Regional Integration Support Mechanism (RISM) workshop at COMESA headquarters in Lusaka. The workshop runs from June 16th to 19th 2015.

ZANIS reports that Mr. Ngwenya said it was pleasing that through the various projects that have been designed, increased attention was being directed towards the implementation of regional policies and strategies that facilitate the economic transformation of member states.

He stated that billions of money in European Union currency has been secured for the purposes of regional integration as the main agenda of member countries.

He also urged member countries to incorporate the private sector in regard to trade and economic manifestation as they are the main drivers of most economic development of their countries.

Mr. Ngwenya further noted that COMESA and other regional bodies were determined to raise the profile of their regional integration in order to increase trade volumes for the benefit of all member countries.