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Eswatini accelerates trade reforms

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The country’s commitment to improving its trading environment was highlighted during the first quarterly meeting of the National Trade Facilitation Committee (NTFC), held at the Eswatini Revenue Service (ERS) offices in Ezulwini last week. (Pic: Ministry of Commerce, Industry and Trade)
The country’s commitment to improving its trading environment was highlighted during the first quarterly meeting of the National Trade Facilitation Committee (NTFC), held at the Eswatini Revenue Service (ERS) offices in Ezulwini last week. (Pic: Ministry of Commerce, Industry and Trade)
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MBABANE – Eswatini has taken significant step towards strengthening its position as a competitive trading nation after recording notable progress in implementing trade facilitation reforms.

These reforms are aimed at reducing the cost and time of doing business while improving cross-border trade efficiency.

The country’s commitment to improving its trading environment was highlighted during the first quarterly meeting of the National Trade Facilitation Committee (NTFC), held at the Eswatini Revenue Service (ERS) offices in Ezulwini last week, where representatives from government ministries, regulatory agencies and the private sector assessed progress made in implementing the World Trade Organisation (WTO) Trade Facilitation Agreement (TFA).

The meeting reflected Eswatini’s continued efforts to modernise customs procedures, simplify border processes and create an enabling business environment that supports investment, exports and economic growth.

One of the most notable achievements presented during the meeting was the country’s significant improvement in implementing commitments under the WTO Trade Facilitation Agreement.

Eswatini’s implementation rate rose from 57.72 per cent to 65.12 per cent within a single quarter, demonstrating accelerated progress in meeting international obligations designed to facilitate the movement, release and clearance of goods across borders.

The increase represents more than a statistical improvement. It reflects the implementation of practical reforms aimed at making trade more predictable, transparent and efficient for importers, exporters and logistics operators.

Trade facilitation measures are widely recognised as critical tools for lowering transaction costs, reducing administrative burdens and improving supply chain efficiency.

 Faster customs clearance and streamlined border procedures enable businesses to move goods more quickly while reducing storage costs and delays. For a small, open economy such as Eswatini, where international trade plays a vital role in economic activity, such reforms are increasingly viewed as essential for enhancing competitiveness within regional and global markets.

Eswatini Investments Promotion Authority CEO Sibani Mngomezulu. (File pic)
Eswatini Investments Promotion Authority CEO Sibani Mngomezulu. (File pic)
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Written by
Nhlanganiso Mkhonta

Nhlanganiso Mkhonta serves as Business Editor at the Times of Eswatini. He reports on business, economics, finance, investment, entrepreneurship and public policy, producing insightful coverage and analysis of the issues driving Eswatini’s economy and the wider African business environment.

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