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Sharjah 24
05-05-2025
- Business
- Sharjah 24
UAE Pres. awards Tanzania Pres. ‘Mother of the Nation'
The President of Tanzania received the decoration from H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, during a meeting held today between the two sides, in the presence of Mahmoud Thabit Kombo, Tanzanian Minister of Foreign Affairs and East African Cooperation, at the beginning of the UAE top diplomat's working visit to the East African nation. During the meeting, H.H. Sheikh Abdullah conveyed the greetings of President His Highness Sheikh Mohamed bin Zayed Al Nahyan to the President of Tanzania, and his wishes for more progress and prosperity to her country and its people, affirming the privileged relations between the two nations. The President of Tanzania, in turn, conveyed her greetings to the UAE President, and her wishes for sustained prosperity and progress to the UAE. The meeting discussed the friendship and prospects to expand cooperation between the two countries in various fields that serve their mutual interests, including economic, trade, investment, and development sectors. H.H. Sheikh Abdullah expressed his pride in visiting Tanzania and meeting President Dr. Samia Hassan, emphasising the UAE's keenness to enhance cooperation and build fruitful partnerships with the United Republic of Tanzania that support sustainable development in both countries and enhance the prosperity and well-being of their peoples. Following the meeting, Sheikh Abdullah and Dr Samia Hassan witnessed the signing of a mutual administrative cooperation agreement on customs matters between the two countries. The agreement was signed by Sheikh Shakhboot bin Nahyan Al Nahyan, Minister of State, and Mwigulu L. Nchemba, Tanzanian Minister of Finance. They also witnessed the signing of an MoU on investment cooperation in the mining sector, signed by Sheikh Shakhboot bin Nahyan Al Nahyan, Minister of State, and Anthony Peter Mavunde, Tanzanian Minister of Minerals. Additionally, they witnessed the signing of an MoU between the UAE Federation of Chambers of Commerce and Industry and the Tanzanian Chambers of Commerce, Industry, and Agriculture, regarding the establishment of a bilateral Business Council. The MoU was signed by Saeed Mubarak Al Hajri, Assistant Minister for Economic and Trade Affairs, and Vincent Minja, President of the Tanzanian Chamber of Commerce, Industry, and Agriculture. The meeting was also attended by Sheikh Shakhboot bin Nahyan Al Nahyan, Minister of State; Noura bint Mohammed Al Kaabi, Minister of State; and Khalifa Abdulrahman Al Marzouqi, UAE Ambassador to the United Republic of Tanzania.
The Star
03-05-2025
- Business
- The Star
Tanzania, Malawi end trade standoff after diplomatic talks
DAR ES SALAAM, May 3 (Xinhua) -- Tanzania and Malawi on Friday ended their trade standoff after bilateral discussions that reaffirmed a shared commitment to strengthening trade, fostering economic cooperation, and resolving existing issues. A jointly-signed communique issued on Friday after a bilateral meeting between senior officials of the two countries said they agreed to lift trade restrictions, pledging to finalize legal frameworks required for the signing of the Simplified Trade Regime Agreement (STRA). Both delegations reaffirmed their commitment to finalizing the relevant legal framework for the STRA and to implementing it upon completion of domestic legal processes by May 30, said the communique signed by Tanzanian Minister of Foreign Affairs and East African Cooperation Mahmoud Thabit Kombo and Malawian Minister of Foreign Affairs Nancy Gladys Tembo. According to the communique, Malawi appreciated Tanzania's decision to lift the import ban on plant and plant products from Malawi, which Tanzania imposed on April 23. In reciprocity, the government of Malawi committed to issuing an administrative instrument to the relevant authorities to facilitate imports and exports between the two countries, with effect from the date of this communique, said the communique. Tensions began in March after Malawi imposed restrictions on selected agricultural produce from Tanzania, escalating in April when Tanzania implemented reciprocal measures. Tanzania also imposed similar restrictions on South Africa, which had blocked agricultural imports from Tanzania. However, in a public notice issued on April 25, Tanzanian Minister of Agriculture Hussein Bashe confirmed that the restrictions had been suspended, effective April 23. The ban was officially lifted on April 26 following diplomatic overtures from Malawi and South Africa, aimed at fostering dialogue and strengthening cooperation.
Middle East
19-03-2025
- Business
- Middle East
OPEN// FM inaugurates Egyptian-Tanzanian joint business forum
CAIRO/DAR ES SALAAM, March 19 (MENA) - Egyptian Minister of Foreign Affairs and Emigration Badr Abdelatty and Tanzanian Minister for Foreign Affairs and East African Cooperation Mahmoud Thabit Kombo inaugurated on Wednesday the Egyptian-Tanzanian joint business forum. A group of high-level Egyptian businessmen and a senior delegation in the different sectors of construction, building, chemical industries, agriculture, pharmaceutical, medical equipment and maritime transport took part in the event in addition to Tanzanian businessmen and representatives from the Investment Ministry and parliamentarians from both countries. Abdelatty asserted Egypt's keenness on promoting economic and trade cooperation with the African countries and encouraging the Egyptian companies to intensify their work at all the levels for boosting development in Africa and creating real partnerships on the basis of mutual interest. Abdelatty reviewed the Egyptian manufacturing potentials to meet the needs of the African countries in the different sectors including the food products, industrial and chemical goods, wood products and requirements of construction and building. He also reviewed the activities of the Egyptian companies in the field of construction and building of power grids in Africa especially in Tanzania. He asserted Egypt's great interest in boosting cooperation with Tanzania in the field of building dams and hydroelectric power generation with full support of all the Egyptian institutions. Abdelatty shed light on trade agreements linking Egypt with several countries especially the COMESA member states. He said that the Egyptian government is looking forward to cooperation with foreign companies to provide the necessary information on the investment opportunities available in Egypt and guarantee getting the companies to work in the Egyptian market to promote the role of the private sector. He also pointed out to the investment opportunities available in the SCZONE. (MENA) M H K/R G E
