Botswana's FM says country wants to deepen trade with EU amid Trump's tariffs

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Botswana's FM says country wants to deepen trade with EU amid Trump's tariffs  Botswana's FM tells Euronews the country is open for business. It comes as Trump's sweeping tariffs on exports trigger economic fallout.   READ MORE : http://www.africanews.com/2025/05/23/botswanas-fm-says-country-wants-to-deepen-trade-with-eu-amid-trumps-tariffs  Subscribe on our Dailymotion channel and receive all the latest news from the continent.    Africanews is available in English and French.  Website : www.africanews.com  Facebook : https://www.facebook.com/africanews.channel/  Twitter : https://twitter.com/africanews

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00:00As the Africa Union and European Union foreign ministers pledged to boost

00:05cooperation on security and the economy, Botswana has called for Brussels to beat

00:10more strategic investments in the country. Speaking to Euronews, Botswana's

00:15foreign minister, Fenway Patel, said his country is open to business.

00:19Botswana has been enjoying excellent relations with the EU and we believe that

00:26there is room for us and Europe and Belgium to reimagine these relations and

00:34ensure that we improve our trade and ensure that Botswana and Europe

00:43benefit mutually from this relationship.

00:48Retail's call for more trade and investments with the EU comes amid a 37% trade tariff imposed by the Trump administration.

00:55on Botswana, one of the hardest-hit nations in Africa. The country's economy, which is reliant on diamond exports,

01:03contracted last year by 3.1% due to weak global demand. Once regarded as one of the world's fastest-growing economies,

01:12Botswana is, however, optimistic after a forecast suggests an expected 3.3% growth this year.

01:20Confronted by the Trump administration's trade tariffs, the world's leading producer of diamonds wants to deepen

01:27bilateral trade and strategic partnership with the European Union.

01:31Jerry Fisaya Bambi for Euronews.

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