EPA creates impetus to boost local industries

Botswana's beef industry is set to benefit the most from the EU deal
Botswana's beef industry is set to benefit the most from the EU deal

Botswana and five other countries in the Southern African Development Community (SADC) have been urged to create an attractive business environment in order to accrue the benefits of the Economic Partnership Agreement (EPA), which was signed last week.

Speaking in Kasane at the signing of the EPA between the European Union (EU) and SADC, commissioner for trade, Cecilia Malmström, said there are some challenges in getting the most out of the agreement that include making legal changes to open markets.

She said this involves lowering tariffs over time, and making changes that will allow people to take advantage of the opportunities that the EPA provides.

Editor's Comment
The Boko-led administration has to tread carefully

‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...

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