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Tuesday, 29 September 2015

Zimbabwe-EU consultation on EPA implementation

The Governement of Zimbabwe is in consultation with the European Union to identify a future programme to support with the implementation of the Economic Partnership Agreement (EPA). EU ambassador to Zimbabwe Phillippe Van Damme explained that the EU, together with the ministries of Industry and Commerce and Finance and Economic Development and in close consultation with the private sector, was identifying a future programme for the country. Next year, the EU and private sector partners are expected to launch a €7 million fund to help government upgrade its investment policy on trade and facilitation and regional integration. Zimbabwe receivesa $270 million grant for development of governance structures, health and the agriculture sectors under the National Indicative Programme. The European Investment Bank is also expected to invest in the banking sector.

Source: newsday.co.zw