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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.

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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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