The European Union (EU) gives Malawi access to duty free and quota free access to its single market for all products but arms. However, the union has observed that Malawi has not taken full advantage of the opportunity.
EU team leader for economic, trade and governance section Jose Navarro disclosed this news, saying that at the moment, Malawi benefits from EBA where they send any exports to the EU quota and tariff free but Malawi could do much much better.
The United Nations Committee for Development Policy, enlists a least developed country (LDC) into the Everything but Arms (EBA) trade regime, which sees the particular LDC having access to duty free and quota free access to EU’s single market.