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Tanzania, CWEIC Vow to Deepen Trade Cooperation

A statement issued by the Directorate of Presidential Communications said discussions centred on expanding trade cooperation and unlocking fresh investment opportunities that would boost economic growth and create jobs for Tanzanians.

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Dar es Salaam. President Samia Suluhu Hassan has reaffirmed Tanzania’s commitment to strengthening trade relations and attracting new investments following talks with Lord Hugo Swire, KCMG, Deputy Chairman of the Commonwealth Enterprise and Investment Council (CWEIC). The meeting took place on December 2 at the State House in Dar es Salaam.

A statement issued by the Directorate of Presidential Communications said discussions centred on expanding trade cooperation and unlocking fresh investment opportunities that would boost economic growth and create jobs for Tanzanians.

The CWEIC is a membership organization with an official mandate from the Commonwealth Heads of Government to facilitate trade and investment across all 56 Commonwealth member states.

According to the statement, President Samia highlighted her administration’s ongoing efforts to closely engage investors who are ready to support the country’s economic agenda. 

She emphasized Tanzania’s long-standing investor-friendly environment, noting that the nation has remained stable and open to business for more than six decades. She said the country continues to provide “a conducive and friendly environment for business and investment to thrive.”

The President also reiterated Tanzania’s stability following the events of October 29, 2025, affirming that the nation remains “stable, with resilient systems capable of managing its domestic affairs.”

READ MORE: ‘Tanzania Is Safe for Investment’: Govt Steps Up Efforts to Build Investor Confidence

She assured investors that the government will continue safeguarding their interests and protecting their enterprises. The President further revealed that Tanzania has begun initial steps toward a constitutional review aimed at improving institutional performance and enhancing the country’s business climate.

In response, Lord Swire, who currently serves as Deputy Chair of the CWEIC and is a former UK Minister for Foreign and Commonwealth Affairs,  expressed the Council’s readiness to deepen cooperation with Tanzania.

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