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EU Deepens Economic Partnership With Zimbabw

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The European Union Delegation in Zimbabwe hosted a high-profile EU Private Sector Dialogue Seminar in Harare, shedding light on key opportunities for trade and investment between Zimbabwe and the EU in Harare, on 10 August,2024.

European Union H.E. Jobst von KIRCHMANN said, “We are committed to deepening our economic partnership with Zimbabwe through more trade and investment based on the EU – Zimbabwe Economic Partnership Agreement and our Global Gateway initiative.

The seminar underscores the collective efforts to overcome challenges and seize opportunities for sustainable development and mutual prosperity.Together, we strive to create an environment conducive to investment, innovation and inclusive growth in Zimbabwe.”

Participants gained a deeper understanding of the duty-free access it offers to the vast EU market, alongside EU support for regional integration and capacity building for export readiness.

Open discussions also addressed challenges faced by the private sector in accessing the EPA’s full benefits.

The event also shed light on the EU’s ambitious Global Gateway initiative, a plan designed to unlock €150 billion in public and private investments in Africa. This investment plan prioritizes sustainable development, focusing on areas critical to Zimbabwe’s growth, such as infrastructure, renewable energy, and climate change mitigation.

Tari Mudahondo

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