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ACP-EU Trade

Video guest: Josephine Mwangi

March 2019
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EDITO
Friday, 22 March 2019

Armed with the objectives of advancing the ties and fine-tuning trade opportunities existing between the United Kingdom and Nigeria, Charles Bowman, Lord Mayor of London embarked on a three-day visit which ended at the Nigerian Stock Exchange (NSE) on Thursday. During his visit to the NSE, Bowman said the meetings he’s had over the last three days with business and government leaders have been to build financial partnerships between Nigerian and London.

According to Coface, Germany in 2017 became the leading European supplier to Africa, ahead of France. According to the study reported by information website Entreprendre.fr, France has lost half its export market share in Africa since 2000

Mr. Denys Gauer,the French Ambassador to Nigeria, has high hopes that France through its Development Agency will explore areas of collaboration with Nigeria through Contec Global Agro limited (CGAL), a subsidiary of Contec Global for the development of organic agriculture production.

The ‘Destination chocolatiers engagés’ label, aimed at sharing with Cameroonian cocoa producers the expertise of French master chocolate makers to help them to produce high quality cocoa, was launched on 26 June 2018 in Paris by the President of the French Confederation of Chocolate Makers and Confectioners, Frédéric Chambeau, and the President of the Cocoa and Coffee Inter-professional Council (CICC), Appolinaire Ngwé.

Thursday, 05 July 2018

According to the latest International Trade Centre (ITC) report, the value of the East African Community's exports to European Union rose to $2.5 billion in 2017, up by eight per cent. They shot up amidst trials to harmonise standards.

Monday, 02 July 2018

The European Union, the Southern African Customs Union (SACU) and Mozambique are seeking  to formalize a new economic partnership agreement (EPA) with post-Brexit Britain. Paulina Elago, SACU executive secretary, said a SACU-Britain ministerial dialogue held in Johannesburg, South Africa last year agreed to replicate the EU-SADC-EPA as an immediate step to avoid trade disruption.

Thursday, 28 June 2018

The Financing Agreement of the interim Economic Partnership Agreement Programme was signed today by the Secretary of State for the Department of Foreign Affairs, Executive Head of the Department of Foreign Affairs and National Authorising Officer and the Ambassador of the European Union to the Republic of Seychelles, in the presence of the Vice President & Minister responsible for Foreign Affairs Mr. Vincent Meriton and the Minister for Finance, Trade Investment & Economic Planning.

Wednesday, 20 June 2018

With an agri-food trade value of €255 billion in 2017, the EU confirms for yet another year its position as largest global exporter and importer of agri-food products. EU exports of agri-food products reached €138 billion in 2017, representing an annual increase of 5.1%. With imports at a value of €117 billion, the EU has a net trade surplus of €21 billion in its agri-food trade, according to the 2017 annual agri-food trade report published today.

Wednesday, 13 June 2018

Seychelles got the attention of the leaders of the Group of Seven (G7) industrial nations today when President Danny Faure addressed them on the islands' innovative financing for the blue economy and ocean sustainability. This year's G7 chair Prime Minister Justin Trudeau of Canada had invited President Faure and the leaders of 10 other island and developing countries to join France, Germany, Italy, Japan, the United Kingdom and the United States at a special session on 'healthy, productive and resilient oceans and seas, coasts and communities'.

PwC’s return to St Lucia is a sign of the significant potential for growth in the Eastern Caribbean. Speaking at a cocktail event to announce the official re-opening of its St Lucia office, Frazer Lindsay, CEO, PwC in the Caribbean, said “We are very excited to be re-opening our doors in St Lucia. Being here, in my view, is about creating and implementing a sustainable strategy that can help our clients to grow their business, not only in the Eastern Caribbean but regionally.”