Announcement

MTI launches National Trade Policy framework and National Trade Export Strategy

Summary

Maseru- 3rd December 2020, The Ministry will launch National Trade Policy and National Export Strategy on 10th December 2020 at Avani Lesotho at 11:30.The National Trade Policy framework (NTP framework) is a strategic development tool with specific focus and clear directives to guide both public and private in the promotion of domestic and international trade. The NTP framework has been developed in the context of Lesotho’s 2020 Vision and the National Strategic Development Plan II. It provides transparent guidelines to implement the GOLs trade agenda and identifies goals aimed at advancing Lesotho’s development for all investors, both domestic and foreign.

Updated on : 07-12-2020

MTI launches National Trade Policy Framework and National Trade Export Strategy

Maseru- 3^rd December 2020, The Ministry will launch National Trade Policy and National Export Strategy on 10^th December 2020 at Avani Lesotho at 11:30.

The National Trade Policy framework (NTP framework) is a strategic development tool with specific focus and clear directives to guide both public and private in the promotion of domestic and international trade. The NTP framework has been developed in the context of Lesotho’s 2020 Vision and the National Strategic Development Plan II. It provides transparent guidelines to implement the GOLs trade agenda and identifies goals aimed at advancing Lesotho’s development for all investors, both domestic and foreign.

The National Export Strategy is an integral part of the NTF Framework, it is aimed at strengthening Lesotho export performance. When fully implemented, the two documents can contribute significantly towards private sector-led growth.

“Targeted efforts must be made to rebuild our economies, create jobs and foster growth, as we recover from the damage caused by the COVID-19 pandemic." said Pamela Coke-Hamilton, Executive Director of the International Trade Centre. "The National Export Strategy provides a detailed roadmap for Lesotho to continue to build trade competitiveness and the International Trade Centre is here to support the implementation of the Strategy every step of the way”

"The analysis in the National Export Strategy was completed prior to the global pandemic, but it is telling that the findings are more relevant now than ever. We, at the Enhanced Integrated Framework, are confident that this strategy will support Lesotho's resilience and recovery from COVID-19" shared Ratnakar Adhikari, Executive Director of the Enhanced Integrated Framework.

The Minister of Trade and Industry Dr. Thabiso Molapo, Enhanced Integrated Framework Executive Director, Mr. Ratnakar Adhikar, and International Trade Centre Executive Director, Ms. Pamela Coke-Hamilton will host a press conference on 10^th December 2020 at 14:30.

Journalists can join the press conference with the following link: https://wto-eif-org.zoom.us/j/98495582821?pwd=VGV1WS9peDloelI3bVhuQlp2cHh1UT09

END

For more media information please contact the following:

Issued by: Public Relations Office

Contacts: 22325272

lihaelo.nkaota@gov.ls