Friday, March 29, 2024

It’s Time We Start Capitalizing On Our Export Potential

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By Sachen Gudka

Pursuing export-led industrialization puts a country in a sustainable socio-economic development path. This was highlighted during the Source 21 COMESA International Trade Fair held two weeks ago, which saw government representatives from the Common Market for Eastern and Southern Africa (COMESA) trade bloc showcase the need for opening up our markets, diversifying our manufactured goods and increasing our production capacity.

Exports have played a leading role in rapid growth, boosting the emergence of a modern manufacturing sector, providing employment and reducing poverty in global economies. This is demonstrated by the experiences of Taiwan and South Korea in the 1960s and 1970s, Malaysia, Thailand and Singapore in the 1970s, China in the 1980s and India in the 1990s…Read more>>

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