The Namibian Manufacturers’ Association (NMA) has spoken out against competition issues and unfair trade practices in the Southern African Customs Union (Sacu).
The deadline is looming for the day when the preferential treatment that Namibia has enjoyed for its beef, lamb and table grape exports to the European Union ends on January 1 2008.
An economic cooperation agreement between the Angolan and Namibian governments, aimed at the promotion and development of trade relations between both countries in this field, was recently published.
The issue of trade visas, transfer pricing of goods and the long outstanding issue of the Bilateral Investment Agreement between Namibia and Angola are some of the challenges facing businesses in the country.
Negotiators in the expected Economic Partnership Agreements (EPA) with European Union (EU) will have to stand their ground if they are to give Namibia a better deal from the EU, -more especially if they do not want to give the country a replica of the Free Trade Area (FTA) component, to which the country is already subjected, under the Trade Development and Cooperation Agreement (TDCA) that the EU has with South Africa.
The fourth round of negotiations between the Southern African Customs Union and the US took place this weekend in Walvis Bay, Namibia.