Policies must find balance between local interests and global opportunities

Niël Terblanché

During a recent meeting of the Namibia Agricultural Union’s (NAU) Executive Council in Windhoek, key discussions revolved around the complexities of trade agreements signed by Namibia over the past two years.

The council underscored the critical importance of these agreements in shaping the journey of products to consumers’ tables, often involving intricate processes.

Anton Faul, Senior Trade Advisor at the Agricultural Trade Forum, said during a presentation that the reciprocal nature of trade, which benefits both exporting and importing nations is very important.

“Achieving a balance between these interests is essential and typically involves negotiations conducted behind closed doors,” he said.

He said that the backdrop of global challenges, such as the Ukraine conflict, supply chain disruptions, and the lingering effects of COVID-19, has made trade dynamics increasingly difficult.

“Namibia has historically excelled in meat exports but faces challenges in promoting other sectors such as poultry, pork, and horticulture,” he said.

According to Faul, this diversity complicates efforts to maintain a balance, protect local industries, and foster competitiveness abroad. Fortunately, Namibia boasts strong industry players who stay abreast of current trends and actively strategize to unify various sectors.

“Their objective is to equip government negotiators with the expertise and strategies needed to effectively represent Namibia’s interests in international negotiations,” he said.

He added that navigating these complexities requires careful negotiation to protect local industries while leveraging opportunities for exports.

According to Faul, striking this balance is challenging but vital for sustaining growth and ensuring economic resilience.

As discussions continue, fostering support for local industries among consumers remains crucial, potentially reducing the need for stringent regulatory measures.

By aligning national strategies with global markets, Namibia can navigate these challenges and secure its position in the international trade landscape.

During his presentation, Faul highlighted the nuanced dynamics of agricultural and trade policies in Namibia.

These discussions stressed the importance of informed decision-making and collaborative efforts to foster sustainable economic growth in a globally interconnected world.

Faul said that the ongoing efforts by industry leaders and government officials aim to ensure that trade agreements are mutually beneficial, protecting both established and emerging sectors.

He added that this strategic approach not only safeguards Namibia’s local industries but also enhances its competitiveness on the global stage, ensuring long-term economic stability and growth.

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