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Products and
Markets
The country's investment
climate has attracted industrialists from various parts of
the world, such as, South Africa, France, Belgium, China,
India, USA, UK, Sweden, Mauritius, and South Korea. A wide
variety of goods is already manufactured for the local and
international markets. Botswana products enter the EU countries
quota and duty-free as Botswana is a signatory of the Lome
Convention. Products include automobiles; parts and components
for automobile industry; polished diamonds and semi-precious
stones; electronic and electrical items; engineering products;
textiles, garments and other ancillary products; leather goods;
and canned beef products.
There are also no
restrictions on exports to the USA, nor into the Southern
African Customs Union (SACU). The SACU is a regional trading
arrangement between the five countries of Botswana, South
Africa, Namibia, Lesotho and Swaziland, which provides for
a common external tariff and rebate system and sharing of
revenues. The ratification of the 14-nation Southern African
Development Community (SADC) Trade Protocol will open new
avenues for free trade within the region and for industrialists
investing in Botswana. In terms of the market size, therefore,
Botswana-based manufacturing enterprises are able to sell
to a vast regional market of about 200 million people, and
other international markets.
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