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Namibia, Britain seek to solidify trade relations after Brexit

Christian Fernsby |
Britain intends to "turbo-charge" bilateral cooperation and trade with Namibia post-Brexit, a British official said.

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Britain's Joint Minister of State at the Foreign and Commonwealth Office and the Department for International Development Andrew Stephenson said this to Namibian President Hage Geingob in the State House.

Stephenson said Brexit will not cause disruptions but will provide an opportunity for Britain to develop an independent trade policy and trade program.

In a statement issued by the presidency, Geingob affirmed Namibia's readiness to deepen existing trade and investment relations with Britain, highlighting his country's strategic location in the region and vast investment opportunities in value added services, agriculture and wildlife and tourism economies.

Geingob added that he has directed his ministers to respond more expeditiously to investment proposals.

Both sides also emphasized the important role economic diplomacy can play in unlocking employment opportunities for young people and achieving a sustainable future and mutual prosperity, the statement said.

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