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Monday, 21 August 2017

'Brexit could harm trade with Africa', expert warns

African exporters could lose out to rival markets, researcher warns, with developing countries at risk of losing preferential access to UK market. Brexit could harm trade between the UK and Africa, with fears on the continent that certain African countries could lose out to larger markets when the UK leaves the bloc. Several African nations, including South Africa and Kenya, send significant quantities of fresh produce to the UK and there are concerns that tariffs could rise and exporters in certain countries could lose the preferential access to the UK market that they currently enjoy through Britain’s membership of the EU. This issue was raised by University of York political researcher Peg Murray-Evans in a recent blog post, following a trade visit to South Africa and Namibia last week by the minister for trade policy, Lord Price. It was the first trip to Africa by a minister from the Department for International Trade since the department was created. In her blog, Murray-Evans, who specialises in international development in Africa, called for the UK to preserve current levels of market access for the five members of the Southern African Customs Union (SACU) – Botswana, Lesotho, Namibia, South Africa and Swaziland – plus Mozambique.

Source: www.fruitnet.com