By ZBC Reporter
The Zimbabwe- Namibia Dry Port in Walvis Bay has improved trade between the two countries as the continent warms up to the operationalisation of the African Continental Free Trade Area Agreement.
The two-day Zimbabwe Namibia Bi-National Commission came to an interesting end this Tuesday, with deliberations centering on harnessing intratrade between the two sisterly republics.
What also came under the spotlight is how Zimbabwe’s Dry Port which was commissioned by President Emmerson Mnangagwa two years ago, will benefit exporters and importers from Zimbabwe.
The Dry Port is essentially for Zimbabwe’s exporters and importers and can only be successful once Zimbabwe’s traders use it. The use of the dry port has advantages because it reduces storage costs for businesses, said Mr Question Maisera, Acting CEO, Namibia Dry Port.
Walvis Bay Corridor Group which manages a network of transport routes from the SADC region noted that Zimbabwe should capitalise on its cordial relations with Namibia to enhance its trade status.
The Walvis Bay Corridor is key for Zimbabwe’s importers and exporters to reduce their freight costs which is key in competing in the continental trade arena in view of the looming African Continental Free Trade Area Agreement, noted Mr Mbahupu Tjivikua, Chief Executive Officer, Walvis Bay Corridor Group.
The two-day investment roadshow underscored the urgent need for the two countries to elevate their trade ties, with landlocked Zimbabwe leveraging on sea-linked Namibia to grow its international trade.