In an effort to promote Economic Diplomacy, the Government of the United Republic of Tanzania has agreed with the Republic of Namibia to strengthen the fisheries and livestock sectors.
The agreement was reached today in Dar es Salaam where the Minister of Foreign Affairs and East African Cooperation Prof. Palamagamba Kabudi (MP) entered agreement with the Deputy Prime Minister of the Republic of Namibia who is also the Minister of Foreign Affairs of Namibia, Netumbo Ndaitwah to strengthen cooperation in the fisheries sector as well as the Livestock Sector.
“We have agreed to strengthen cooperation in the fishery sector but also to encourage private sector stakeholders from Tanzania and Namibia to invest in the area. In terms of livestock and meat exports, Namibia has made great strides and is now exporting meat to Europe and Asia, ”said Prof. Kabudi
In addition, Prof. Kabudi added that they have also agreed to encourage the private sector from Namibia to come and invest in abattoir and meat processing factories in the country (Tanzania) for the export of meat and to develop the fisheries and livestock sectors.
Among other things, today’s meeting reviewed an agreement reached two years ago in which Tanzania and Namibia agreed to use the opportunities available to them to develop investment, fisheries, agriculture and livestock sectors in the broader interests of both parties.
For his part, the Deputy Prime Minister of the Republic of Namibia who is also the Minister of Foreign Affairs of Namibia, Netumbo Ndaitwah stated that they have agreed to strengthen the two sectors which are Fisheries and Livestock as well as agriculture within African Union (AU).
“There are various areas that together we have agreed to strengthen including fishing, livestock and agriculture in general, through today’s session we believe that investors from Namibia will come to invest in Tanzania as well as investors from Tanzania will invest in Namibia,” he said.
He noted that Namibia will continue to work closely with Tanzania in ensuring that they grow the economies of both our countries and Africa in general based on the existing trade and investment principles within the African Union (AU).