Namibia commends and recognises SACU, as one of its key strategic partners working, among others, towards a post-COVID economic recovery, Vice President Nangolo Mbumba has said.
Mbumba was speaking this week on the occasion of his visit to the SACU headquarters.
“As you are all aware, post-COVID-19 recovery requires a committed focus on economic transformation, competitiveness, collaboration and diversification. These are all achievable through strategic partnership and enhanced cooperation going forward.
“The pandemic has, for the last two years, disrupted our efforts towards economic recovery, and that of other SACU member states, resulting in depletion of SACU revenues since its existence,” Mbumba said adding that it is therefore imperative that as government, together with all stakeholders, including SACU, should redouble efforts and work together to strengthen the continued fight towards economic recovery through regional economic integration.
“In these times of global economic instability, framed by fragile world economic recovery and outlook; effective regional integration is now of paramount significance. It is in this spirit that His Excellency, Dr. Hage G. Geingob, President of the Republic of Namibia, has declared 2022 as a Year of Reimaging, which entails forming or creating a new mental picture or image of the world in which we live. Therefore, we should embark upon a recovery process that involves restoring, refocusing and rededicating our efforts to achieve our collective mission,” he said.