
Congo, Zambia move to implement Simplified Trade Regime
Zambia and the Democratic Republic of Congo (DRC) are accelerating efforts to implement the Simplified Trade Regime (STR). This initiative aims to streamline clearance procedures for small-scale cross-border traders, ensuring they benefit from preferential trade rates. The Ministry of Commerce, Trade and Industry, through its Principal Public Relations Officer Everness Nankala, confirmed that the two nations are operationalizing this transformative trade facilitation instrument. The STR is specifically designed to empower small-scale traders, with a particular focus on women and youth. After more than seven years of bilateral engagement and negotiations, both governments view the STR as a crucial driver for economic empowerment and improved trade relations between the two countries.



