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Reforms in digital trade set to earn Comesa Sh1.75trn
Comesa has already set up a sub-committee to oversee implementation of a Digital Free Trade Area (DFTA) which will enable cross boarder online commerce among member states. FILE PHOTO | NMG
The Common Market for Eastern and Southern Africa (Comesa) region stands to gain $17.5 billion (Sh1.75 trillion) in intra-bloc exports if all members fully implement digital trade facilitation reforms.
According to research findings presented to the 5th Comesa Annual Research Forum underway in Nairobi, five countries have the greatest intra-Comesa export trade potential for the region. These are Eritrea, Egypt, Sudan, Libya and Ethiopia.