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SACU
This was the first time the EU triggered a bilateral dispute settlement mechanism under one of its EPAs – and as such, the EU challenged the legal basis and compliance of the measure with the EU-SADC EPA on a number of grounds.
Kenya which is among the 49 member states that have ratified the agreement, lacks product competitiveness due to quality challenges, high trade investment and trade costs.
Six countries drawn from three regional economic blocs are yet to ratify the African Continental Free Trade Area (AfCFTA), delaying its implementation more than a year after it was formally launched in January 2021
Poultry products dumped into SACU from Brazil, Denmark, Ireland, Poland and Spain are causing a material injury and a threat of material injury to the SACU poultry industry.
Senior officials and experts from the Southern African Customs Union and the European Free Trade Association Member States met through videoconference on 3 and 4 November 2021 to continue their negotiations on an updated and expanded Free Trade Agreement.
Officials from the Southern Africa Customs Union (SACU) and the South American-based Southern Common Market (MERCOSUR) have reaffirmed their commitment to the full implementation of the Preferential Trade Agreement (PTA).
The European Union’s (EU) Farm-to-Fork Strategy is set to be implemented in 2022 and will come with an additional layer of regulations.
Business Botswana (BB) is concerned that the benefits of the African Continental Free Trade Area (AfCFTA) Agreement, will not be fully exploited by local businesses.
Private sector lobbies in Africa’s six regional trading blocs have formed the African Business Council, a continental umbrella body to spearhead the business agenda for the African Continental Free Trade Area (AfCFTA).
All SACU members need to ratify the AfCFTA before any of its members can start trading under it. ECOWAS States were facing the same problem.
As the end of the UK-EU transition period looms, the future trading relationship between the UK and Africa remains uncertain.
Namibia ratified the SACU-Mozambique and United Kingdom Economic Partnership Agreement (SACUM - UK EPA) in the National Assembly on 20 October 2020.
In the SACUM-UK EPA, commitments on tariffs for both the UK and SACUM have been transitioned from the SADC-EU EPA without changes.
The SACUM-UK EPA effectively retains the terms of trade present in the existing SADC-EU EPA.
Pakistan is already in touch SACU, ECOWAS and EAC to negotiate trade agreements and also plans to take advantage of the opportunities that exists under the African Continental Free Trade Agreement.
The Trade Ministers from the SACU Member States, Mozambique and the United Kingdom signed the economic partnership agreement.
Players in the automobile sectors from the East African Community and the Southern African Customs Union are developing a joint policy to encourage motor vehicle manufacturing that is beneficial to both blocs.
The UK has initiated an economic partnership agreement with the Southern African Customs Union and Mozambique (Sacu+M) that will allow business to keep trading freely after Brexit.
The Namibian mines and energy ministry has called on trade experts to find innovative ways to contribute to the success of the review process of the free trade area agreement between the European Free Trade Association (Efta) and the Southern African Customs Union (Sacu).
The Ministry of Mines and Energy has called on trade experts to find innovative ways to contribute to the success of the review process of the Free Trade Area (FTA) agreement.
