A member of COMESA and ACP;

  • A COMESA Fund Member by signature and ratification of the COMESA Fund Protocol;
  • Made its assessed contribution of COM$360,000 to the Fund in 2009;
  • Total amount approved for disbursement under RISM is € 1,985,542;
  • COMESA Fund Coordinating Ministry is Ministry of Finance and Economic planning and Development.

Background Information
The resources available for Malawi from the RISM allocation will support the Malawi Enterprise Productivity Enhancement project expected to build productive capacities and simultaneously accelerate the implementation and domestication of COMESA obligations and programmes. The dual focus of the project will ensure that the Regional Integration Support Mechanism (RISM) financial resources are channeled to areas of high potential trade expansion, a very important economic management aspect of the Malawian Constitution and the Vision 2020. The project will aim to strengthen the capacity of selected SMEs/Cooperatives owned enterprises to produce competitive products in clothing, edible oils processing and leather and leather products, for domestic and regional export markets.

Regional Integration Commitments and Targets
As part of its regional commitments, Malawi has targeted by 2016 to:

  • continue the operationalization of its NIMCC,
  • to harmonise its statistical clusters,
  • to resolve at least 70% of its NTBs,
  • adopt COMESA/and or EAC harmonised standards,
  • adopt the COMESA Common Tariff Nomenclature (CTN) and the COMESA Customs Management Regulations (CMR),
  • finalise its trade in Services schedules (TIS-schedule),
  • adopt and domesticate the COMESA Competition Regulations (CCR),
  • sign and ratify the COMESA Common Investment Area Agreements (CCIA) and
  • implement the Double Taxation Agreement by 2016