TRADE
POLICY REVIEW
REPORT BY
ZAMBIA
Revision
Pursuant to the Agreement
Establishing the Trade Policy Review Mechanism (Annex 3 of the Marrakesh
Agreement Establishing the World Trade Organization), the policy statement by Zambia is attached.
Contents
1 INTRODUCTION.. 4
2 ECONOMIC ENVIRONMENT. 4
2.1
Macroeconomic developments. 4
2.1.1
Performance of major sectors. 5
2.1.2
Agriculture, livestock and fisheries. 6
2.1.3
Mining. 6
2.1.4
Manufacturing. 7
2.1.5
Services. 8
2.1.5.1
Financial services. 8
2.1.5.2
Tourism.. 8
2.1.5.3
Transport 9
2.1.5.3.1
Air transport 9
2.1.5.3.2
Rail transport 10
2.1.5.3.3
Road transport 10
2.1.5.3.4
Water transport 10
2.1.5.4
Telecommunication. 11
2.1.5.5
Energy. 11
3 TRADE DEVELOPMENTS AND POLICY. 12
3.1
Developments in the trade sector 12
3.1.1
Zambia's export structure. 13
3.1.2
Import structure. 13
3.2
Zambia's trade policy. 14
3.2.1
Laws and regulations governing trade. 15
3.2.2
Trade policy formulation and coordination framework. 15
3.2.3
Trade facilitation. 16
3.2.3.1
National trade facilitation governance structure. 16
3.2.3.2
Coordinated border management 16
3.2.3.3
Upgrade of key border post infrastructure. 16
3.2.3.3.1
Kazungula One Stop Border Post 16
3.2.3.3.2
Mwami Mchinji One Stop Border Post 17
3.2.3.3.3
Nakonde-Tunduma Border Post 17
3.2.3.4
Public private partnerships. 17
3.3
Investment framework. 17
3.3.1
Policy and institutional framework. 17
3.3.2
Special economic zones and export-led investment 18
3.3.2.1
Incentives for investors. 18
3.3.2.2
Regulatory reforms and Ease of Doing Business. 18
3.3.2.3
Establishment of industrial development corporation. 19
4 TRADE ARRANGEMENTS. 19
4.1
Bilateral trade arrangements. 19
4.2
Regional trade arrangements. 19
4.2.1
African Continental Free Trade Area (AFCFTA) 19
4.2.2
The Common Market for Eastern and Southern Africa (COMESA) 19
4.2.3
The Southern African Development Community (SADC) 20
4.2.4
Tripartite Free Trade Area. 20
4.3
Multilateral trade. 20
4.4
Preferential trade arrangements. 20
5 CONCLUSION.. 21