Historic EU trade deal to be signed in Botswana

Gemma Mbegabolawe speaking EU-SADC EPA Workshop.PIC: MORERI SEJAKGOMO
Gemma Mbegabolawe speaking EU-SADC EPA Workshop.PIC: MORERI SEJAKGOMO

Southern African Development Community (SADC) and the European Union (EU) have wrapped up negotiations for the Economic Partnership Agreement (EPA), and are expected to sign the agreement next month.

This was said by Gemma Mbegabolawe, a chief trade officer at the Ministry of Investment, Trade and Industry, at the EU-SADC EPA workshop held in Gaborone on Tuesday.

“The signing ceremony for the EU-SADC EPA is scheduled for June 10, 2016, in Kasane,” she said.

Editor's Comment
Botswana at a critical juncture

While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...

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