SADC-EU trade deal kicks in

Wednesday, October 12, 2016

Beef is the biggest export to the EU after diamonds

Botswana, four other Southern African countries and the European Union (EU) have started a new chapter in bilateral relations with the entry into effect of their Economic Partnership Agreement (EPA).

As of Monday, the agreement will apply to trade between the EU and the five countries including Lesotho, Namibia, South Africa and Swaziland.

Mozambique is in the process of ratifying the agreement and will join in as soon as the ratification procedure is completed. Botswana’s main export, diamonds are not catered for in the deal but beef and other minerals such as copper and nickel will enjoy the duty free, quota free benefits from the deal.

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SADC-EU trade deal kicks in

Botswana, four other Southern African countries and the European Union (EU) have started a new chapter in bilateral relations with the entry into effect of their Economic Partnership Agreement (EPA).