Mohale FM The European Union (EU) Delegation in Lesotho has announced that this week commemorates ten years since the partnership between the EU and the Southern African Development Community (SADC) member states, including Lesotho, was established.
In a statement released by the delegation, the EU highlighted the positive trade relationship between Lesotho and Europe, outlining trade figures recorded from 2022 onwards.
According to the report, trade between Lesotho and the European Union amounted to M298 million in 2022, while in 2024 it stood at M282 million. The year 2023 recorded the highest trade value, reaching M310 million.
The report further noted that the products in which Basotho have achieved the greatest success in supplying European markets include rosehip and essential oils extracted from native plants.
The delegation also reminded the public that Lesotho, together with other Southern African countries, continue to benefit from duty-free access when exporting products to European markets.
This arrangement has been in place since the establishment of the SADC–EU Economic Partnership Agreement, which has provided Southern African countries with preferential access to the European Union market.
