The Malawi Investment and Trade Centre has launched the first ever Trade Information Portal on Tuesday, 17th November 2015 at the Sunbird Capital Hotel in Lilongwe. The MITC Trade Information Portal is a web-based platform that provides an authoritative “one-stop shop” of readily accessible trade information.
Briefing members of the press in Lilongwe, Chief Executive Officer for MITC Mr. Clement Kumbemba said the Trade Information Portal has been purposefully designed to significantly reduce the financial and time cost that has for so long restricted trade between Malawian producers and the rest of the world.
“This Trade Information Portal reflects the commitment of MITC to build a robust, knowledge-based society through various modernization projects. I cannot begin to explain how much easier having this information available at the click of a button will make things, for us and our clients. It is a breakthrough for Malawian trade and will give us a competitive edge,” explained Kumbemba.
Kumbemba further said that MITC believes that improving trade information availability can improve trade flows in Malawi.
The Trade Information Portal has been developed with assistance from the International Trade Centre under the financial sponsorship of the European Union.