Malawi will be negatively affected by the United Kingdom’s withdrawal from the European Union. The EU exit called ‘Brexit’ will deprive Malawi of export earnings, as the study shows that 3.4% of Malawian exports enter the UK, through an initiative known as everything but arms (EBA).
EBA is an initiative by EU, for least developed countries to import in the EU single market, duty free and quota free on all goods except arms.
K30 billion worth of exports made to the UK will be lost, should brexit be official. On the other hand, the Malawi Industry of Trade and Commerce