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EDITO
Thursday, 19 October 2017

The European Union has indicated it would provide an additional 11 million Euros (F$22.6m) assistance to the sugar sector. This was announced yesterday by the Chairman of the Fiji Sugar Corporation Vishnu Mohan at a press conference in Lautoka. He said this would come under the EDF11 Program through budget support. “There are also possibilities that the EU would assist in the rehabilitation of farms affected by TC Winston,” Mr Mohan said. Currently, EU is assisting the Sugar Sector under its Accompanying Measures for the Sugar Protocol (AMSP) Program.

The Fair Play Movement is bringing international experts to help stop the proliferation of the predatory trade practice of dumping worldwide. It has taken the South African EU Ambassador to task over the illegal dumping of chicken in South Africa.An independent organisation, newly founded by Francois Baird, it has addressed a letter to Ambassador Marcus Cornaro to step into the corner of the anti-dumpers and help eradicate this scourge to trade. Baird referred to the EU’s publicly stated objectives to develop the South African industry and ‘not create havoc’ in this market.

Neven Mimica, Commissioner for International Cooperation and Development, is in The Gambia today meeting the newly elected President Adama Barrow and his new Government. Commissioner Mimica made the following statement: "The peaceful democratic change in The Gambia is the result of the determination of the Gambian people, as well as the regional and international coordinated efforts of the Economic Community of West African States. Gambians have shown commendable resolve, patience and courage during a period of high tension. The EU is fully committed to engage with President Barrow and his Government. We want to be a privileged partner of The New Gambia.

Kenya’s bid to build a shared customs with its neighbours in East Africa remains in limbo as Tanzania continues to show reluctance to sign a crucial pact with the European Union as deadline nears, a new report says. The report by financial advisory firm Citi says Kenya’s quest to rally the bloc to ratify the economic partnership agreement (EPA) will likely hit a brick wall as Dar es Salaam sticks to its guns in shunning the pact. “Tanzania’s relationship with the EAC (East African Community) often seems to have parallels with that of the UK to the EU: a somewhat reluctant member who is far from fully committed to greater integration which creates periodic tensions,” says the report.

Trade and investment will occupy a strengthened, pivotal place in the UK’s development policy, indicates UK’s Department for International Development (DFID) in its “first ever economic development strategy”. The document, released last week, details how DFID intends to work across government departments through an approach that integrates trade, investment, and aid policies to foster economic development and drive poverty reduction.