Zimbabwe’s Minister of Industry and Commerce, Cde Mangaliso Ndhlovu and the Vice Minister of State Administration for Market Regulation of China, Mr Zhengqi have signed a memorandum of understanding (MOU) on consumer protection and competition laws.
The MOU between the two countries is aimed at addressing consumer complaints, copy rights infringements and ensuring that orders made between the business people of the two counties are compliant in terms of quality and other order specifications.
The signing comes amid concerns that certain consignments did not meet certain requirements expected by the ordering parties between the two countries.
The state administration for market regulation was established in April this year and is made up of the state administration of industry and commerce, the China Food and Drug Authority and part of the administration of quality supervision, inspection and quarantine of China.
Under the MOU, Zimbabwe and China will develop cooperation in the fields of competition law and consumer protection issues.
According to Minister Ndhlovu, Zimbabwe looks forward to effective cooperation with China in areas of information exchange, joint capacity building programmes, joint research and provision of technical assistance in competition and consumer protection laws.