European Union Trade Commissioner Karel de Gucht has appeased leading European civil society organisations about the negotiations for a Southern African economic partnership agreement, promising "not to put undue pressure" on countries.
Southern African Development Community (SADC) executive secretary Tomáz Salomão yesterday criticised the European Union for trying to "impose" a preferential free-trade agreement on countries in the region.
The European Union has asked Namibia to stop skating on thin ice and make up her mind whether to be in or out of the Economic Partnership Agreement between the EU and Southern Africa Development Community (SADC).
SA is likely to focus on stimulating targeted sectors of the economy and firming up trade relations with key partners in Africa, Europe and the east this year, as growing global trade flows are expected to reflect a world emerging from recession.
Three regional trading blocs — the Common Market for East and Southern Africa (Comesa), East African Community (EAC) and the Southern African Development Community (Sadc) — plan to launch a Free Trade Area by 2012.
Relative advancement of Kenya, South Africa and Egypt’s economies has emerged as one of the leading threats to the merger of three African trading blocs, trade experts said, citing potential disputes that lie in joining economies that are at different levels of development in a seamless market.
Three African trade blocs that have agreed to form a free trade area covering more than half a billion people created a long overdue roadmap on Monday.
The debate over the future trajectory of South Africa’s economic policy is about much more than the powers of Trevor Manuel and the planning ministry.
Three leading regional trading blocs in Africa — EAC, COMESA and SADC — have simplified the rules of origin to be applied by all member states in a move aimed at boosting intra-continental trade.
One of the underlying principles of the Economic Partnership Agreement between the European Union and the Southern African Development Community is that it should complement and support regional integration initiatives. However, the signing of the Interim EPA by some member states, and not by others, has generated uncertainty within the region.
It seems the problems emanating from the Economic Partnership Agreement (EPA) are far from over, as SA and EU have started exchanging strong ‘words’.
Now, Africans are hitting back at Europe
The European Union signed an interim Economic Partnership Agreement (EPA) on 4 June 2009 with Botswana, Lesotho and Swaziland. Mozambique has signalled its intention to sign this agreement in the near future, but its trade minister was unable to come to Brussels today.
High-level talks at a Southern Africa Development Community (SADC) meeting in Gaborone last week failed to produce an agreement on the signing of the interim economic partnership agreement (EPA) with the European Union.
The European Union says it looks forward to concluding an Economic Partnership Agreement (EPA) with Namibia and other countries in the SADC-EPA region.
The Congress of South African Trade Unions (COSATU) is celebrating the rejection of European Union-SADC Interim Economic Partnership Agreement (IEPA) negotiations by the governments of South Africa and Angola and is mobilising for a political intervention in the whole agreement negotiations.
The signing of a finalized economic partnership agreement (EPA) between the European Union and southern African countries seems imminent-despite regional trade fragmentation remaining a danger.
Twenty six African countries seeking to merge their economies into a single trading bloc that controls a combined wealth of $ 624m and a market of 527m people moved to a definitive stage after their leaders approved plans to establish a free trade area early this week.
The European Union is likely to move towards the official signing of an interim economic partnership agreement, known as an EPA, with countries of the Southern African Development Community that will exclude South Africa.
EU Trade Commissioner Catherine Ashton visited several nations in Southern Africa last week, where she held talks with key governmental leaders. Although the general purpose of the trip was to promote bilateral and regional trade relations, Ashton also hoped to make progress on a potential Economic Partnership Agreement, or EPA, between members of the South African Development Community (SADC) and the European Union.