The European Union is convinced that trade is vital for a country’s development. But in an increasingly competitive global landscape, some developing countries have been further marginalised, held back by lack of productive capacity, difficulties in diversifying their economy, poor infrastructure and export conditions.
In line with its Communication "Trade, growth and development" , the EU seeks to ensure that its trade and development policies help developing countries, in particular, Least Developed Countries (LDCs) to benefit from increased trade opportunities.
In Zambia, the EU proposes a number of ways to improve the effectiveness of EU trade and development, including:
- Bilateral trade: through the Everything but Arms Initiative , the EU aims to ensure that Zambia benefits from duty free and quota free access to the EU market;
- Aid for Trade: the EU provides financial assistance to help Zambia undertake domestic reforms to develop its capacity to trade, to produce, as well as the institutional and economic infrastructure necessary to expand trade.
- Economic Partnership Agreement: the EU and the Eastern and Southern African countries, including Zambia, have been negotiating the establishment of a development friendly free trade agreement;
- The EU provides an online service, the Export Helpdesk to facilitate market access to exporters, especially small operators, who are interested in supplying the EU market. In turn, the Market Access Database has been specifically designed to address the needs of EU-based exporters and importers.
EU AND MEMBER STATES
EU Member States Trade Councilors team consists of seven representatives of MS based in Zambia: Finland, France, Germany, Ireland, Italy, Sweden and the UK. They play an important role exchanging information on barriers to trade and investment, business climate and new trade related policies. Meetings are held monthly in the EU Delegation.
TRADE and EIF CONTACT at the EU Delegation:
Tel+ 260 211 250711/251140/255585 ext 4001