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Tuesday, 15 May 2012

Prospects for improvement of Zimbabwean trade

As the Interim Economic Partnership Agreement (IEPA) comes into effect this week, Zimbawbe will benefit from a €50 million financing scheme under the Regional Integration Support Programme (RISP), which is intended to assist the country in terms of trade development and facilitation.
In the words of Mr. Aldo Dell'Ariccia, the EU Ambassador to Zimbabwe: "The facility also includes technical assistance, which will result in Zimbabwe businesses getting access to updated information on the EU market, and at the same time investors in the EU can get a realistic picture of the local business environment”.
Mr Aldo Dell'Ariccia  also said the iEPA would help improve EU-Zimbabwe trade. "Zimbabwe-EU trade has doubled since 2009, and the iEPA is further expected to enhance Zimbabwe's exports to the EU", he stated.

Source: All Africa