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Tuesday, 29 May 2012

EU hopes for trade deal with SADC this year

The EU and the Southern Africa Development Community (SADC) groups will soon restart negotiations on an Economic Partnership Agreement (EPA).  At the celebrations of the 62nd anniversary of the Schuman Declaration in Luanda, Ambassador Gerard McGovern, the EU Head of Delegation in Botswana, voiced his hope that the two parties would soon reach an agreement.
Speaking of Botswana in particular, H. E. Gerard McGovern underlined that the country has much to gain from its relationship with the EU: “As a landlocked country, Botswana stands to gain much from improved regional transport links, more free trade and cross-border co-operation”.
He also stated that “Europe is ready to invest in this project for the benefit of Botswana and its neighbours”. Amid criticism of the provisions of the EPAs, he stated that “after years of uncertainty, an agreement is within sight” and called on Africa’s leadership to make the trade deal a reality this year.

Source: Southern times Africa