Economy

Commonwealth must unite to unlock investment, reach $2 trillion trade goal: Namibian Minister

Date: Jun 18, 2025

Namibia’s Minister of International Relations and Co-operation, Selma Ashipala-Musavyi, has called on Commonwealth member states to work collectively to unlock investment opportunities and strengthen economic partnerships.

This is to reach the bloc’s ambitious trade target of $2 trillion by 2030.

Speaking at the Commonwealth Business Summit underway in Windhoek, Musavyi emphasised the importance of building a more inclusive and resilient trade and investment framework across the Commonwealth’s 56 member nations.

“Granted, we are meeting here to work towards the goal of growing trade between ourselves to reach the target we have set of $2 trillion by 2030,” she said.

“However, as we gather here from across the Commonwealth, it is our common goal of building our resilience through unlocking investment opportunities and strengthening partnerships in charting a more inclusive and resilient path for trade and investment within our Commonwealth family that unites us.”

Her remarks echoed those of other high-level officials at the summit, including Commonwealth Secretary-General Shirley Botchwey, who earlier launched the Commonwealth Investment Network, a platform aimed at connecting viable projects with capital within member states.

--ChannelAfrica--

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