Pvt sector to the party
Mon, 18 Aug 2008 12:00
For the SADC Free Trade Area be successful, the business sector
needed to play a more active and collaborative role, the Southern
African Development business forum said on Sunday.
Speaking at the launch of the FTA in Sandton, Johannesburg, Zeth
Nkosi said: "The private sector has a role to play."
He said the target date of 2010 for the establishment of the SADC
Customs Union was "ambitious".
"The FTA should be fully and successfully implemented in the first
instance."
Accurate trade statistics were needed from each member state and the
lack of this presented a problem for comprehensive economic
integration.
The private sector had a pivotal role to play in this and member
states should make greater steps to involve it.
"This takes time and considerable political will," said Nkosi.