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.
Despite the unpopularity of the single-country partnership proposal, it is being pursued primarily based on Europe’s analysis of South Africa as the “locomotive” of Africa economic development and integration.
The European Union is insisting that some of Africa’s poorest countries accept liberalisation of services, investment and competition policy as the price of better access to the world’s richest market, it emerged last night.
Angola is not yet prepared to join the free trade zone in the year 2008, under the process of regional integration of the Southern Africa Development Community (SADC), said Tuesday in Luanda the Planning minister, Ana Dias Lourenço.
Leaders of a 14-nation southern African bloc reviewed ambitious plans for a free-trade zone and common currency as it moved a step closer towards streamlining investment norms.
The summit will focus on the current status of implementation of the Free Trade Area (FTA) in terms of the main activities required to complete the FTA by 2008.
Brendan Vicas, a senior researcher at the Institute for Global Dialogue, has warned that SADC’s free trade protocol will be difficult to implement. SADC member states have again been urged to renounce their membership of other regional economic groupings.
With government seemingly in no hurry to entertain the business community advocating for the country to re-join the COMESA trade bloc, the group does not want to let go.
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.
Nature abhors a vacuum, and so when regional organisations go making ostensibly grandiose claims that they will create a single currency, seek economic convergence, or establish an army, it is easy to speculate that these are not articulated outside a context.
We are particularly concerned that the EU’s plan for so-called Economic Partnership Agreements (EPA’s) with our countries is having the effect of splitting SADC into two groups and undermining the potential for our future co-ordinated regional programmes for mutual economic and social development.
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.
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.
Tanzania is lagging behind in preparing to sign a deal that will determine how it trades with Europe for a long time to come.
The Executive Secretary of the Southern African Development Community, Dr Tomaz Augusto Salomao, says exchanges made during his meeting with the Southern African Customs Union Executive Secretary, Tswelopele Moremi, will increase cooperation between SADC and SACU.
East African countries have been implored to pull out their individual membership from the Common Markets for Eastern and Southern Africa (COMESA) and South Africa Development Community (SADC) and choose the suitable one to re-join it as an EAC bloc.
The challenges of overlapping memberships of regional groupings are coming to the fore as African, Caribbean and Pacific (ACP) countries seek a new economic partnership with the European Union (EU).
President Festus Mogae is unhappy with the pace of the on-going negotiations on the Economic Partnership Agreements (EPAs) between the European Union (EU) and the Southern African Development Community (SADC).
Southern African Development Community (SADC) hopes to start trade talks with China and India at the forthcoming SADC Council of Ministers Consultative Conference in Windhoek, Namibia next month.
Mauritius and India are expected to sign a preferential trade agreement (PTA) next week to boost the island’s exports and provide India with the opportunity to tap into African markets.