After missing the 2010 deadline, the Southern African Development Community (SADC) will now negotiate a new target date for the transformation of the organisation into a Customs Union (CU), during the 2015 Ordinary Summit.
The brief describes the widening debate on the implications of international investment agreements for sustainable development and outlines the broad features of alternative policy approaches to foreign direct investment
Finalisation of negotiations on outstanding TFTA areas especially with regard to rules of origin, trade remedies, and dispute settlement will be introduced following the launch of a post-signature implementation plan
The European Union and Southern African Development Community are on the verge of finalising the signing of an Economic Partnership Agreement.
Botswana Minister of Trade and Industry Vincent Seretse has met with European Union Trade Commissioner Cecilia Mamstrom in Gaborone to discuss the finalisation of Economic Partnership Agreement (EPA) negotiations between the EU and the Southern African Development Community (SADC)
African leaders have established a single free trade area encompassing 26 countries and 625 million people in eastern and southern Africa. And next week, they’ll kick off a process to negotiate an all-Africa trade pact.
The completion of the Free Trade Area (FTA) procedures among the three African blocs, SADC, COMESA and the East African Community (EAC), depends on the unification of the rules of origin and tariff, according to Egypt’s Minister of Industry and Trade Mounir Fakhry Abdel Nour.
The Tripartite Free Trade Area (TFTA) spanning 26 countries is to be launched at a summit of heads of state and government on Wednesday in the Red Sea resort town of Sharm el-Sheikh.
Plans by African leaders to launch an ambitious Free Trade Area comprising of 26 countries and backed by over 600 million people next month are in the right direction for the private sector.
The Tripartite Free Trade Area (TFTA) covering 26 countries will be launched in May, it has been agreed.
A senior official of African Union (AU) said Tuesday the long-awaited tripartite free trade area between three regional blocs is expected to be launched in May in Cairo, Egypt.
While bilateral free trade agreements, as a means to further the market-opening and rule-making agenda, have been globally picking up steam, there have also been parallel efforts to usher in a plethora of regional trade agreements and economic unions.
The Egyptian government expects to begin negotiations for free trade agreements with the Eurasian Economic Union, as well as with African economic blocs such as COMESA, SADEC and EALA, and to sign a deal with MERCOSUR in Latin America.
The 2012 SADC model BIT proposes new thinking and a sharp deviation from today’s policies, tralac says.
Most of the clauses in the agreement — to be signed this month in Cairo — have been finalised, apart from the preamble and the rules of origin.
If one takes a look at the real big winners in this project, it will soon be realized that multinational corporations mostly from Europe, North America and to some extent Asia which have set up base in Cairo, Johannesburg and Nairobi will be real winners.
The Tripartite Free Trade Area (FTA) by the Common Market for Eastern and Southern Africa (COMESA), East African Community (EAC) and the Southern African Development Community (SADC) will be launched in mid-December, 2014.
Three of Africa’s regional economic communities have agreed to launch the long-awaited Tripartite Free Trade Area at a joint summit of leaders from the regional groups scheduled for December in Egypt, APA learnt here Monday.