Home » Business » Mugabe Off to Egypt for a Trade Summit

PRESIDENT Robert Mugabe has once again left Harare this time for Egypt to attend the launch of the tripartite Free Trade Area comprising of Comesa, Sadc and the East Africa Community.

Mugabe, who now spends most of his time out of the country than at home, will attend the launch of the tripartite free trade zone in Cairo.

Simon Khaya Moyo, the Zanu PF spokesperson and minister for Economic and Investment promotion, confirmed Mugabe’s departure Monday, saying the 91-year old leader will be attending the conference in his capacity as the African Union chair.

Mugabe first chaired a cabinet meeting before dashing to the airport.

“By the way, he is the African Union chair as well as the Sadc head so he is going there in that capacity,” said Moyo.

The meeting, according to Moyo, will help the business community in 26 countries of the continent to conduct trade through the establishment of a continental free trade area.

“This was agreed upon in Burundi in 2014 after taking into account the fact that the majority of the tripartite member states agreed on ambitious tariff offers and rules of origin to be applied.

This will be the largest economic bloc and places high priority on infrastructure development, industrialisation and free movement of people on business agenda,” he said.

Last week, Mugabe was in Nigeria, Equatorial Guinea and Sudan as he continued with his globetrotting.

Source : New Zimbabwe

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