SA, Malawi sign economic trade agreement
South Africa and Malawi signed a bilateral-trade agreement in a meeting between the two countries in Tshwane on Friday.
President Cyril Ramaphosa signed the agreement with his Malawian counterpart Lazarus Chakwera on the final day of his working visit to the country.
“We have just welcomed the signing of economic cooperation agreement and further agreed to work together to identify specific areas, which South Africa and Malawi through their companies continues to do business,” said President Ramaphosa.
“We also endeavoured to put more emphasis on people-to-people cooperation between our two countries given that we are one people and our people have been travelling between our two countries for generations.
“Cooperation need to be advanced in areas such as culture, sports and recreation in an effort to bring the people of our two countries closer. We reviewed the state of peace and security in Africa, specifically Southern Africa and noted the need to collaborate efforts at addressing issues of peace and security in our region.”
Chakwera called for South Africa’s support as he starts his duties as SADC chair.
“During our bilateral talks, we agreed to enhance our cooperation in various fields of development including trade, health, migration and labour for the mutual benefits of our people.
“This has been cemented by the signing of memorandum of understanding on economic cooperation we have just witnessed. It is my hope that in future we will sign several MOU’s that strengthen our cooperation through framework of the joint commission of this cooperation.”
