adminwith a positive trade balance of US$170 million in favour of Harare.
However, this was a decline from about US$860 million worth of trade a year earlier largely because of Zimbabwe’s poor agriculture season and the Eurozone crisis.
Ambassador Aldo Dell’Ariccia said this while addressing delegates who attended the EU seminar meant to familiarize local businesses with its Export Help Desk, a free internet site that gives detailed information on how to export to Europe, from product-specific duties to import tariffs and trade statistics and links to business associations.
The EU is Zimbabwe’s second largest trading partner after South Africa with local exports to the 27-nation bloc including agricultural products, copper, diamonds, granite and leather while imports include vehicles, machinery, chemicals and luxury goods.
Zimbabwe enjoys preferential conditions to export to the EU that significantly reduce, or in some instances totally remove the import duties to be paid when entering the market.
Online Reporter