Bilateral deal-making involving governments of Africa.
photo: World Bank/CC BY-NC-ND 2.0
The association of Southern African Development Community (SADC) Chambers of Commerce and Industry cautiously welcome the signing of the finance and investment protocol by leaders of the 14-member regional trading bloc in Lesotho’s capital Maseru last week Friday.
Countries within the African region have been implored not to allow nations standards to continue to present technical barriers to the free flow of goods both within and beyond the borders of he Economic Community of West African States.
Pressure was mounting on Southern African Development Community (SADC) leaders to get economic integration back on track in a bid to meet the 2008 target date for a free trade area in the region, said Deputy Foreign Minister Aziz Pahad yesterday.
Government has finished Bilateral Investment Promotion and Protection Agreements (Bippas) negotiations with France, Italy and Indonesia, a move analysts say gives a glimmer of hope to other countries whose nationals lost their agro-ventures during the land reform programme.
Zimbabwe is not going to change its stance on Bilateral Investment Promotion and Protection Agreements (Bippas) that were violated under the country’s controversial land reform programme, a position that could further strain diplomatic relations with affected nations.
The Southern African Development Community (SADC) has okayed Tanzania’s multi-regional block membership, thus paying the way for the east African country to remain in SADC with its East African Community affiliation.
The private sector in Zimbabwe has been urged to exploit the various bilateral trade agreements that the country has signed with its trading partners.
After calling off negotiations on a Free Trade Agreement (FTA) with five Southern African countries last month, the US has indicated its intentions to negotiate new trade arrangements with several African countries including Kenya, Mauritius, Mozambique and Ghana.
The South African Minister of Trade and Industry, Mandisi Mpahlwa, has called for more regional trade cooperations among African states.
The United States and Rwanda today signed an agreement aimed at deepening and strengthening trade and investment ties between the two countries.
Tralac’s page on the African Continental Free Trade Area
The Southern and Eastern Africa Trade Information and Negotiations Institute (SEATINI) is a regional non-governmental organization founded in 1996 soon after the WTO Singapore Ministerial Conference — mainly focusing on WTO, but also bilateral and regional trade negotiations in Africa.
The Southern and Eastern African Trade Information and Negotiations Institute (SEATINI) is an African initiative to strengthen Africa’s capacity to take a more effective part in the emerging global trading system and to better manage the process of globalization.