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Mozambique sugar retains free access to the EU market


Tuesday, 29 November 2016

Mozambique sugar retains free access to the EU market

The sugar produced in Mozambique will continue to enter the market of the European Union (EU) free of tariffs and quotas, according to assurances given last week by the organisation, Mozambican daily newspaper Notícias reported. Mozambican sugar is exported to the EU under the “Everything but Arms” (EBA) trade agreement in place since 2011 and which allows products from less developed countries, such as Mozambique, access to the European market free of customs duties and quotas. Apart from sugar, under the EBA scheme, Mozambique exports other products to the EU market with the same benefits. In June this year, Mozambique and other countries of the Southern African Development Community (SADC) signed an Economic Partnership Agreement (EPA), with the European Union in what is considered the first understanding of the kind between the EU and the African region pursuing economic integration. This is a free trade agreement focused on development and its signatories were Mozambique and the European Union, Botswana, Lesotho, Namibia, South Africa and Swaziland.

Source: macauhub.com.mo