Home / Knowledge / News / SADC Free Trade Area to be launched in August
SADC Free Trade Area to be launched in August
07
Apr '08
Economic growth and pro-active social policies are essential to fight poverty in the Southern African Development Community (SADC) region and economic growth can be achieved by accelerating the removal of barriers to the flow of goods, services, capital and labour, the Deputy Prime Minister and Minister of Finance and Economic Development, Mr. Rama Sithanen told the press yesterday.

This statement was made during the media launch of preparations for the forthcoming SADC International Conference on Poverty and Development to be held in Mauritius on 20 April. The Executive Secretary of SADC, Dr. Tomaz Augusto Salamao was also present on that occasion.

The SADC Free Trade Area, which will be launched in August 2008, will facilitate the regional integration process and can play a significant role in poverty reduction in the region, Deputy Prime Minister Sithanen added.

The Executive Secretary of SADC underlined the importance of the organisation of the International Conference on Poverty and Development as 45 percent of the population in the SADC live in abject poverty. This is reflected in poor social indicators such as high levels of malnutrition, illiteracy, unemployment, underemployment, declining life expectancy and unsatisfactory access to basic services.

Dr. Salamao added that preparations for the Poverty Conference are at an advanced stage and that national and regional consultation meetings have taken place with the active participation of different stakeholders, including government departments, NGOs, civil society as well as international cooperating partners.

Some 500 to 600 delegates are expected to attend the Conference and the theme is “Regional Economic Integration: A strategy for Poverty Eradication towards Sustainable Development.”

Central Statistics Office (CSO) of Mauritius


Must ReadView All

Textiles | On 24th Jun 2017

Applied DNA to tag cotton for 2017/18 US ginning season

Applied DNA, provider of DNA-based supply chain security,...

Apparel/Garments | On 24th Jun 2017

NPD Group launches Trend Tracker for apparel trends

Global information company the NPD Group has launched Trend Tracker,...

Textiles | On 24th Jun 2017

Cotton USA’s first innovation competition in UK ends

Cotton USA has announced the successful close to its first innovation ...

Interviews View All

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search