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October 2017
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Tuesday, 17 October 2017

Changing context and challenges, DEVCO announced that the EU’s Aid for Trade Strategy “is currently being revised to improve complementarity between trade and development policies and increase the effectiveness of Aid for Trade on least developed countries (LDCs) in particular”.[i] Aid for Trade (AfT) is part of Official Development Assistance (ODA) related to improving countries’ capacity to trade and comprises five categories.[ii] Given that Aid for Trade represents a third of the official development assistance of the EU and its Member States, the review offers an important opportunity to ensure that this public money is channelled not only towards economic sectors but also to areas where it could reduce inequality and improve the distribution of gains from trade.

The European Commission's Director-General for International Cooperation and Development, Stefano Manservisi, visited the Pacific region to strengthen coordination and cooperation on development policy. From 28 March to 3 April 2017, Director-General Manservisi visited Australia, New Zealand, Fiji, Vanuatu and New Caledonia. The visit began in Australia and New Zealand to strengthen an already close partnership with the two countries and to further coordination on development policy. He then travelled to Fiji, Vanuatu and New Caledonia to continue discussions with authorities and stakeholders and assess the impact of EU development assistance.

The European Union (EU) will provide 200 million euros for projects in the sectors of trade, energy and water supply in Angola over the next five years, said in Luanda the EU ambassador, Tomáš Uličný. At the celebration of the 60th anniversary of the Treaty of Rome, on Monday, the ambassador told Angolan news agency Angop that in addition to financial support in the mentioned sectors, over the next six months the EU will fund the training of technicians of the National Bank of Angola. “More than twenty Angolans will travel to Europe to receive training in banking and some European experts will come to Angola to pass on their knowledge so that the country can reach the European banking standard,” said the diplomat.

The Competition Commission has referred a Netherlands-based seed potato breeder and its exclusive South African distributor to the Competition Tribunal for prosecution, for alleged abuse of dominance in relation to the exclusive supply of Mondial seed potatoes varietal in the country. Wesgrow Potatoes, a local potato seed grower, has an exclusive agreement with HZPC Holland to sell the Mondial seed potato varietal to commercial farmers. In turn, commercial farmers grow the potatoes for sale to consumers as table potatoes. HZPC is the developer and breeder of the Mondial seed potato varietal. Its business is the cultivation and marketing of certain seed potato varieties across the world.

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