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Monday, 05 November 2012

Zimbabwe-EU trade to improve

European Union head of delegation Aldo Dell’Ariccia says the return of KLM Royal Dutch Airlines into Zimbabwe after 13 years will boost trade between the Southern African country and the Western bloc. Dell’Ariccia told guests at a breakfast meeting hosted by the Netherlands embassy to Zimbabwe that local hunting and horticulture business were set to grow due to KLM’s return. He said trade between Zimbabwe and the EU, the second major trading partner after South Africa, remained strong, adding that policy consistency by government would maintain an upward trajectory.
Trade between Zimbabwe and the EU, according Dell’Ariccia, has doubled since 2009 and remains “healthy and growing” with a positive trade balance for Zimbabwe. He added that between 2010 and 2011 trade between the two increased by at least 36%. The EU is the biggest market for horticultural products, accounting for 80% of flower exports, 70% of vegetables and 50% of citrus.

Source: News Day

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