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Tuesday, 20 August 2019

The Swaziland Revenue Authority (SRA) has put in place institutional arrangements that will support the trade flows between the European Union (EU), Swaziland and Southern African Development Community (SADC) Economic Partnership Agreement (EPA) states. The agreement is expected to come into full effect on October 1. According to the Ministry of Commerce, Industry and Trade Principal Secretary Jinno Nkambule the country did not only ratify the EPA, but also deposited the ratification instrument with the EU in Brussels.

European Union Ambassador to Namibia Jana Hybaskova on Monday introduced the EU’s External Investment Plan (EIP) to encourage investment in Africa and the EU neighbourhood towards strengthening partnerships and achievement of the Sustainable Development Goals. The European Neighbourhood Policy is a foreign relations instrument of the EU that seeks to tie those countries to the east and south of the European territory to the Union. According to Hybaskova, the European EIP will mainly benefit two areas, namely Africa and the European neighbourhood.

The emergence of Mrs Theresa May as the United Kingdom’s new prime minister is slowly steadying the ship of state that was destabilised by political turbulence in the wake of the June 23 referendum, which narrowly voted in favour of exiting the European Union (EU). It had been said, during the dramatic turn of events, and immediately after the sudden resignation of David Cameron as prime minister, that the UK would need a safe pair of hand to steady the ship of state, steer and negotiate its exit from the EU.

The European Union and Kiribati have signed an agreement for a $US5.6 million energy project. The project is framed in the EU-New Zealand energy partnership that has delivered renewable energy projects in Tuvalu, Samoa, the Cook Islands and Kiribati. Kiribati Minister, Teuea Toatu; EU Ambassador to the Pacific, Andrew Jacobs and General Manager, NETCON representative Luke van Zeller. In June the partnership was expanded to include Niue, Tonga, and countries in the Northern Pacific.

The European Union is committed to supporting sustainable energy projects in Pacific countries and has established a strong partnership with New Zealand for this purpose, says head of the EU Delegation for the Pacific Andrew Jacobs. This is after the EU and Kiribati signed a euro 3.7 million ($F8m) energy project last Wednesday which is framed in the EU-NZ Pacific energy partnership that was established at the Pacific Energy Summit in 2013. The partnership has delivered renewable energy projects in Tuvalu, Samoa, the Cook Islands and Kiribati.