Coffee will be the first Tanzanian product to be traded on the African Continental Free Trade Association (AfCFTA) market this July. Ashtu Kijaji.

Recently, the government announced that from 1st July this year, he will start exporting 10 different products to his AfCFTA market, allowing him to benefit from an integrated African market of over 1.3 billion people. .

“We already have the first product that we are going to export first, which is coffee. Confederation of Tanzanian Industry (CTI) attended, Minister of Finance and Planning Dr. Mwigur Nchomba.

Dr Kijaji said Tanzania is one of the top seven countries prioritizing product launches, urging the business community to seize this rare opportunity.

“We met with the business community and industrialists in January. Today (yesterday) we are bringing together stakeholders, industrial producers and traders to meet the needs of countries to reap the benefits of the AfCFTA. It’s our third meeting to explain stuff to each other,” she said. She mentioned another product exported to the market as marble. This is aimed at the government negotiating with local producers to produce more for export.

“There are other products that we are still talking to manufacturers about. We are ready to enter this market. Market,” she said.

“The government is ready, this kind of meeting is sustainable, we will continue to share information and, as President Samia Sulfur Hassan said, in this market of 1.3 billion people, we will be able to meet.” Become an observer. Rather, make the most of the market by promoting the full potential of our products,” he said.

CTI Executive Director Leodegar Tenga said the meeting was very beneficial as it gave the industrialists an opportunity to brief the two ministers on the difficulties they face in conducting their day-to-day activities. . they were explained.

Mr Tenga said the aim of the conference is to ensure the creation of an environment conducive to good business practices that attracts domestic and foreign investment.

“It was also a good opportunity for industrialists and businessmen to thank the government for the good things it is doing and remind them of the existing challenges that need to be addressed urgently by the government,” he said. rice field.

Many of the challenges facing businessmen are being addressed by the government, but the remaining challenges need to be addressed quickly to attract more investment, he said.

He also insisted on ensuring that CTI members produce high-quality goods so that they can compete in the international market. “It is important to produce high quality and affordable products so that we can attract large markets in the East African Community (EAC), Southern African Development Community (SADC), AfCFTA and other parts of the world,” he said. said.

Tanzania submitted a document to the African Union Commission (AUC) last January to ratify the AfCFTA agreement.

Ratification of the AfCFTA agreement demonstrated Tanzania’s willingness to access a market of over 1.3 billion people worldwide.

error: Content is protected !!
%d bloggers like this: