European Union

The European Union (EU) has pledged continued support to Tanzania’s efforts aimed at improving the investment environment in the east African nation, a statement by state-run Tanzania Information Services said on Saturday.

The statement said the EU made the pledge during talks between the EU head of delegation to Tanzania, Manfredo Fanti, and the Minister of State in the President’s Office responsible for Investment, Kitila Mkumbo that ended on Friday night in the capital Dodoma.

Fanti said the EU appreciated efforts by the administration of President John Magufuli to reform legal systems and policies in a bid to improve the investment environment.

According to the statement, the two officials discussed areas of investment cooperation including textile manufacturing, mining and smelting of minerals, processing of animal products, energy and fisheries.

Mkumbo said the government of Tanzania is implementing a blueprint aimed at improving the business environment, adding that the blueprint will address key challenges affecting the business environment in Tanzania. Enditem

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