LIBERIA: EU Imports From Liberia Valued 500m Euros In 2013

The European Union (EU) has disclosed that its imports from Liberia was worth half a billion Euros in 2013, amounting to as much as over 40 percent of Liberia’s total goods' exports.

EU Ambassador to the World Trade Organization (WTO) Angelos Pangratis also disclosed that trade between EU and Liberia will soon be governed by the Economic Partnership Agreement that the EU has initialed with 16 West African states last year.

According to a release from the EU’s office in Monrovia, as a Least Developed Country, all Liberia's products (except arms) enjoy duty-free and quota-free access to the EU market.

The release noted that trade between the EU and Liberia is small but balanced; from an EU perspective, trade with Liberia represents just 0.03 percent of its total trade value.

LINA

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