MoneyHere’s Everything You Need to Know About COMESA’s Intra-Trade/Cross-Border

You can really create wonders when you join hands with someone!

There are Unions, Leagues, and many other forms of countries formations that serve mutual interests. There are some of them that serve the world’s interests. It’s usually when the leaders of certain fields join expertise to find a way to solve a problem, fight a certain pandemic, sanction a country, or vote on something that is pressing. COMESA is one of these arrangements but it has to do with trade and cross borders.

So What is COMESA?

Here's Everything You Need to Know About COMESA's Intra-Trade/Cross-Border

COMESA stands for “Common Market for Eastern and Southern Africa“. It’s a regional economic community in Africa with twenty-one member states Burundi, Comoros, Congo, Dem Rep., Djibouti, Egypt, Eritrea, Ethiopia, Kenya, Libya, Madagascar, Malawi, Mauritius, Rwanda, Seychelles, Sudan, Swaziland, Uganda, Zambia, and Zimbabwe, Kingdom of Eswatini, and Somalia. 

These countries’ goal is to create a trading line that has no borders. A trading line that suffices the region with the necessary needs to create a stable and working commercial line as well.

So What is Egypt‘s Plan Towards COMESA

Here's Everything You Need to Know About COMESA's Intra-Trade/Cross-Border

In a recent meeting that was held by the presidents of most of the countries mentioned above. El-Sisi assured the committee that Egypt will spare no effort into creating a feasible, innovative, and rewarding agenda. Especially in the especially economic and regional integration.

Highlights of the latest COMESA meeting.

Egypt will cooperate with the secretariat of the Common Market for East and South Africa. And that is to arrive at the goals of the Egyptian presidency of the economic bloc for the term. As well as the UN Sustainable Development Goals, Sisi told Secretary-General Chileshe Kapwepwe.
For her part, Kapwepwe said Egypt, one of the founding countries of COMESA, has its own weight in Africa. Their secretariat will support Egypt’s leading teamwork in the continent. Especially in terms of infrastructure and intra-trade, according to a statement by presidential spokesperson Bassam Rady.


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