Sweden is seeking opportunities that will increase the trade relations and volumes between it and Nigeria. Swedish Minister for European Union (EU) Affairs and Trade, Mrs. Ann Linde, who led the Swedish delegation to Nigeria, disclosed this in Lagos on Wednesday, during an interaction with journalists. Linde said the coming of the Swedish Delegation to Nigeria, was mainly to promote trade between the two countries, stressing that Sweden recognised Nigeria as an investment destination and a big trade country. “The aim of the delegation is to highlight business opportunities in Nigeria for Swedish companies.
EU-ACP relations are at a turning point. In February 2020, the Cotonou agreement, concluded in 2000, will come to an end. What will be next for this unique partnership? According to the deal itself, official negotiations on a new agreement will start by the end of August 2018. However, the stakes are so high that informal talks have already begun, and in October 2015, the European Commission launched a public consultation to assess this cooperation. The Cotonou agreement states that the ACP-EU partnership is "centred on poverty reduction, coherence with sustainable development goals and the progressive integration of ACP countries into the world economy".
Spanish company Atunlo said it had opened a tuna processing plant in the city of Mindelo on the island of São Vicente in Cabo Verde (Cape Verde). The factory was inaugurated by partner José Antonio Pernas, attended by the Prime Minister of Cabo Verde, José Maria das Neves, according to the Faro de Vigo newspaper. The plant will have capacity to produce 40,000 tonnes of tuna per year, or roughly 100 tonnes per day with a capacity to process not only frozen tuna, but also to can about 3,000 tonnes of fish. Atunlo SL controls 51% of the capital of the Mindelo factory, the Ubago Group’s Frescomar has 33% and Frigrove, controlled by Comercial Pernas (Coper), has 16%. The Mindelo tuna factory will give work to 300 people.
The current legislation suspending imports of certain products from Ghana expires at the end of 2016. An EU audit took place in September 2016 which has shown that there are still significant shortcomings in the export system in Ghana and in addition EU member states (including the UK) are continuing to intercept harmful organisms on Ghanaian material. As a result it is likely that this legislation will be extended for a further period (possibly a year, but to be decided). This applies to imports of plant material (other than seeds) of: Capsicum (sweet and Chili peppers), Lagenaria (bottle gourd), Luffa, Momordica L (bitter gourd), Solanum L. (including aubergines), other than S. lycopersicum L (tomato).