NRG-III Meeting
Lusaka (Zambia), October, 2014
Competition Distortions Affect Citizens And Governments
Zambia Daily Mail, November 14, 2014
TRYNESS MBALE, Lusaka
Zambia to benefit from competition reforms
ZAMBIA is among four countries expected to benefit from a Consumer Unit Trust (CUTS) International initiative designed to help developing countries assess the benefits of competition reforms on consumers and producers welfare.
The Competition Reforms in key Markets for Enhancing Social and Economic Welfare in Developing Countries (CREW) will be applied by competition authorities in developing countries to assess the benefits of competition reforms on consumers and producers welfare.
The project is also being implemented in Ghana, India and Philippines.
CUTS board member Yusuf Dodia said in Lusaka on Friday at a third CREW meeting of national reference group members that the project will enhance consumer welfare.
“CREW is a three-year project to be implemented in Ghana, India, Philippines and Zambia. The objective of the project is to enhance understanding of the benefits from and best practices in effectively implementing competition reforms in developing countries,” he said.
He said the goal of the CREW is to better demonstrate the benefits of competition reforms for consumers and producers in developing countries to ensure long-term support for such reforms.
At the same occasion, Ministry of Commerce, Trade and Industry Permanent Secretary Siazongo Siakalenge said it is encouraging to have a research opinion on the gains and losses from both old and contemporary reforms taking place in various sectors.
“The ministry is proud to be associated with this project ,which once implemented will go a long way in pointing to where the successes and challenges are , as well as the kind of policy options at our disposal for consideration ,” Mr Siakalenge said.
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