TANZANIAN EXPORTS TO SADC COUNBTRIES HIT ONE BILLION USD

DAR-ES-SALAAM, Tanzanian exports to its fellow members in the Southern African Development Community (SADC) sub-regional grouping has hit the one billion US dollars mark, says Deputy Minister for Foreign Affairs and East African Co-operation Dr Susan Kolimba.

She told Parliament here Tuesday that in 2007, the country's exports to other SADC member countries amounted to only 301 million USD but in 2016, the level rose to 1.01 billion USD.

The 15-nation SADC is an inter-governmental organization headquartered in Gaborone, Botswana, with the main goal of furthering socio-economic co-operation and integration as well as political and security co-operation.

The deputy minister was responding to MP Ally Saleh Ally who wanted to know how Tanzania was benefiting from the SADC market. Ally also wanted to know how the country was gaining from the joint projects implemented between Tanzania and other neighbouring countries like Mozambique, Zambia, Democratic Republic of Congo (DRC) and Malawi.

Exports from Tanzania to other SADC countires include Tanzanite, gold, agricultural products, cotton, tea, coffee and manufactured goods like cigarettes and mosquito nets, the deputy minister said. She affirmed that in the region, Tanzania had more interest in industrial development, health and transport sectors which are vital in pushing regional economic growth from the current four per cent to seven.

Source: NAM NEWS NETWORK