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Thursday, 03 November 2016

Tanzania-EU Ties Grow Stronger

The European Union (EU) trade relations with Tanzania remain strong despite UK exit, the EU Managing Director for Africa, Ambassador Koen Vervaeke said in Dar es Salaam yesterday. He said after the UK exit, the trade volume between Tanzania and EU will be affected to a certain extent, but then UK has to define its position vis a vis EU as part of the negotiations that will also affect its relations with other countries. Tanzania is a large recipient of EU aid, channelled through the European Development Fund (EDF) to among others, advocating pro-poor growth and improving economic governance and business climate. "EU is a traditional partner of Tanzania and has accompanied for decades and hope to continue building confident and strong relationship for a win-win situation," he said. He said some positive things are being witnessed in the country, particularly the fight against corruption, efforts to industrialise and lift masses from abject poverty. "EU is fully and strongly supporting the industrialisation drive that will impact on job creation and robust economic growth," he said.

Source: allafrica.com