Angola and the European Union are set to start talks for a trade deal this year after EU and African partners approved a request from the oil-producing nation to join a regional trade bloc, according to an EU document and an official.
The green light to start negotiations came in late July, an EU document shows, shortly before the southern African country holds general elections next week.
Angolan products such as frozen shrimps, ethyl alcohol, wheat bran and bananas are likely to benefit the most thanks to the expected lift of tariffs, according to EU estimates. Most of Angolan exports to the EU already benefit of preferential treatment because the country had been classed as a least developed nation.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
ISS TODAY ANALYSIS: Little optimism of free and fair Angola elections ahead of voting dayWith the political playing field stacked in the ruling party’s favour, conflict could erupt after the 24 August polls.
Read more »
Angolans head to the polls on 24 August - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Around 14 million Angolans at home and abroad will head to the polls on 24 August to vote in what is likely to be the tightest and tensest race since the first multi-party election in 1992. In 2002, Angola emerged from a civil war that had killed more than half a million people following a …
Read more »
China strongly opposes trade talks between US and Taiwan - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.China firmly opposes trade talks between the United States and Taiwan and says it will take all necessary measures to firmly safeguard its sovereignty, security and development interests, the commerce ministry said on Thursday.
Read more »