Negotiations on trade deal with UK on track
A new agreement between Sacu, Mozambique and the UK should be agreed on Friday, with clarity on any Brexit deal expected by then
A ministerial meeting between the trade ministers of the UK, Mozambique and members states of the Southern African Customs Union (Sacu) is scheduled for Friday to finalise a trade agreement for when the UK leaves the EU. The agreement will replace the existing economic partnership agreement, which Sacu (SA, Botswana, Namibia, Lesotho and Eswatini) and Mozambique have with the EU. The new agreement tweaks and improves on the economic partnership agreement but there are a few outstanding matters that have to be negotiated before Friday’s meeting. By Friday there is expected to be clarity on the way forward for the UK in relation to Brexit and whether it will apply for an extension of time in which to negotiate a deal with the EU. On Tuesday the British parliament rejected the agreement negotiated with the EU by UK prime minister Theresa May. The outstanding issues to be negotiated relate to cumulation. Department of trade and industry director-general Lionel October said in an intervi...
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