ISDS Case Map
Botswana
Botswana has emerged as the dealmaker in the contentious Economic Partnership Agreement (EPA) negotiations aimed at finding middle ground between the European Union on one side and South Africa, Namibia and Angola on the other.
The Botswana Confederation of Commerce, Industry and Manpower (BOCCIM) as well as the Botswana Exporters and Manufacturers Association (BEMA), are positioning themselves to tap into the P185 million capacity building facility made available through the Interim Economic Partnership Agreement with the European Union.
Government deserves commendation on the various programmes it has embarked on to diversify the economy away from mining especially diamonds. Such strategies include inter alia 1) the setting up of BEDIA to attract foreign direct investments (FDIs) thus facilitating the growth of the manufacturing sector. 2) The IFSC model which I am highly convinced was a well thought out model considering the geographical situation of this country and of course its population.
In the latest twist of events, South Africa is reported to have ‘changed tunes’ and has decided to let Botswana, Lesotho and Swaziland (BLS) ratify their interim Economic Partnership Agreements (EPAs) with the European Union (EU).
The European Union signed an interim trade deal on Thursday with the Southern African countries of Botswana, Lesotho and Swaziland.
Botswana is cautiously optimistic about the on going Economic Partnership Agreements (EPAs) that are being negotiated between the European Union and the Southern African Development Community, despite some snags.
Following the recent establishment of the SADC free trade zone in August, just last week, the leaders of three African trading blocs - SADC, EAC, and Comesa - agreed to create a free trade zone of 26 countries.
The Assistant Minister in the Ministry of Trade and Industry, Duke Lefhoko, has urged manufacturers to widen their marketing scope beyond the Southern African Customs Union (SACU), given the impending new trade arrangements that Botswana is negotiating with other countries.
A few days after the Southern African Development Community (SADC) became a free trade area, fears are mounting that the move may spell doom for Botswana's agricultural industry.
While government officials promise the EPAs will bring more jobs and beef market openings for Botswana, Botswana unions believe they are nothing but recolonisation of ACP countries and say 'the EU is coming back to deplete our (African) resources'.
