By Wahard Betha
In an attempt to market potential business opportunities able to lure foreign investors into the country, the Malawi and Belgium will hold a business webinar on September 22, 2022 aimed at discussing business opportunities between the countries.
A press statement by country’s investment and trade promotion and facilitation agency, Malawi Investment and Trade Centre (MITC) says the webinar which is targeting the private sector will discuss the business climate and investment opportunities available in Malawi to attract potential investors from Belgium.
The statement also explains that the meeting will provide a platform to strengthen and promote trade links between Malawi and Belgium.
Public Relations Manager for MITC, Deliby Chimbalu has described the business webinar as an important platform for exchanging important business information between Malawi and Belgium.
Chimbalu said: “This webinar is a great opportunity for our private sector to know and understand the available business opportunities in Belgium.”
“It is also a perfect space for them to learn and understand the market requirements especially those wanting to export to Europe in general and Belgium in particular.”
The business webinar is being organized by the Malawi Embassy in Brussels in conjunction with MITC and the Belgium Chamber of Commerce, CBL-ACP.
Belgium is one of Malawi’s top export destinations and recent data from the Observatory of Economic Complexity (OEC) World indicates that in 2020, Malawi exported about $161million to Belgium.
The main products that Malawi exports to Belgium are raw tobacco, sugar and tea.
As a promotion agency, MITC identifies, develops and packages investment opportunities in Malawi; provides a professional service to all clientele; brands and markets Malawi as an investment destination; retains and expands trade and export activities and links opportunities to the developmental needs of the Malawi community.
MITC also operates as a One-Stop Service Centre for business start-ups in Malawi.