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Brexit might trigger EPA revision

Jeffers.PIC: MORERI SEJAKGOMO
Jeffers.PIC: MORERI SEJAKGOMO

The recent vote for the United Kingdom (UK) to leave the European Union (EU) might lead to the renegotiation of the recently signed Economic Partnership Agreement (EPA). Economic experts believe that by breaking away from the EU, the UK would cease to be party to any of the EU’s trade agreements including the EPA.

The EU and Botswana are important trading partners. Available data from Statistics Botswana shows that in December 2010, the country’s total exports were valued at P1.8 billion and almost half of them, P910 million, went to the EU.

The UK has been the largest import partner of Botswana, importing goods and services valued at more than P820 million. For December 2010, almost 45% of Botswana’s exports went to the UK.

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Editor's Comment
Celebrate responsibly, put safety first this holiday

“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...

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