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COMESA on new trade regulations


  1. COMESA on new trade regulations
    Common Market for Eastern and Southern Africa member
    states have been urged to fully implement regional procurement
    regulations in order for the region to benefit meaningfully from its
    lucrative public procurement market and enhance private sector growth
    and development.
    According to the latest Comesa newsletter, this was stated among the
    key resolutions at the end of a two day meeting of the Technical
    Committee of Procurement Experts (TCPE) meeting in Ezulwini-
    Swaziland, in July.
    The meeting of experts underscored their commitment to encourage their
    respective governments to foster targeted policies that will ensure
    sourcing their public procurement needs from each other’s markets.
    “The TCPE is composed of heads of national procurement agencies in the
    respective member states which is charged with developing policies and
    guiding the implementation of public procurement reform programmes in
    the Comesa,” read part of the resolutions.
    The committee noted Comesa member states collectively spend
    enormous resources on public procurement requirements acquiring
    different goods, services and construction works which, if they were properly focused, had the potential to spur private sector growth,
    economic growth, enhance employment creation and increase revenue
    proceeds.
    “It was highlighted that the region had made encouraging progress in
    reforming public procurement systems which has resulted in most member
    states formulating modern and harmonised procurement systems.
    “It was therefore critical that member states implement the enabling
    provisions in their procurement laws by packaging procurement
    requirements to attract the participation of the SMEs, especially for
    the development and growth of the private sector in the region.”
    Participants were reminded that Comesa had developed regional
    procurement regulations to foster intra-regional trade and
    investment by leveraging the procurement opportunities provided by the
    extensive member states requirements in implementing public programmes
    in infrastructure development, health, education, agriculture and
    Information Technology sectors, among others.
    The regional procurement regulations were adopted by the Comesa Council of Ministers in June 2009 in Victoria Falls.
    The objective of the regulations is to promote harmonisation of public
    procurement laws and practices for the enhancement of intra Comesa trade.
    The meeting was attended by delegates from Burundi, Comoros,
    Democratic Republic of Congo, Egypt, Ethiopia, Kenya, Libya, Malawi, Mauritius, Rwanda, Uganda, Seychelles, Swaziland, Zambia and Zimbabwe.
    Ends
    amm



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