EU trade deal key to FDI attraction

McGovern
McGovern

Botswana can use the recently signed landmark Economic Partnership Agreement (EPA) deal between SADC and the European Union (EU) to attract Foreign Direct Investment (FDI), outgoing Ambassador Gerard McGovern says.

The EPA, signed after years of intense negotiations, gives products manufactured in Botswana and six other SADC countries duty and quota free access to the highly lucrative 28 member market.

Speaking at a media ceremony held to mark the end of his assignment in the country, McGovern said the deal gives the country unlimited access to the EU and Botswana can use this platform to promote the country to foreign investors.

Editor's Comment
Gov't must guard against cadre deployment

As the Botswana National Front (BNF) discusses a policy to place suitably qualified members in strategic positions, the guiding consideration should remain whether an individual is the best person to serve the country. There is nothing wrong with qualified party members applying for public positions. Political affiliation should neither disqualify a capable candidate nor give them an advantage over others. Every Motswana deserves a fair...

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