The declaration issued after the Tshwane India-Brazil-South Africa (IBSA) Summit on 17 October 2007.
India, Brazil and South Africa cemented their trilateral cooperation by signing seven agreements here Wednesday and resolved to push for a free trade area, with Prime Minister Manmohan Singh calling for considerably enhancing trade among the three.
In return for free access to the EU and payment of €15 million, the South African government agreed to phase out the names port, sherry, grappa and ouzo over five years. Five years later, disillusionment and frustration has set in, with port producers in fear that the EU will renege on the agreement.
IBSA was conceived in 2003 to counterbalance the powerful Group of Eight alliance of industrialised countries and to promote South-South cooperation. But a reality check reveals that all three IBSA members still do by far most of their business with industrialised countries.
The European Union needs to scale down its ambitions for accessing the service sector in southern Africa as it negotiates an economic partnership agreement (EPA) with the region, said South Africa’s deputy trade minister Rob Davies.
Bilateral trade agreement with Asean and European Union are passe. The stage is set for the first trans-continental treaty with India, South Africa and Mercosur — comprising Brazil, Argentina, Uruguay and Paraguay — launching negotiations on a preferential trade agreement later this week.India will also start technical negotiations on Saturday for a PTA with the Southern African Customs Union, which consists of South Africa, Botswana, Namibia, Lesotho and Swaziland.
As the December deadline for the signing of a European Union Economic Partnership Agreement (EPA) with Southern Africa Development Community (SADC) member countries fast approaches without any sign of the deal being closed by then, European Union (EU) representatives in SA are growing frustrated and accuse Pretoria of procrastination over the negotiation.
Frustration is mounting in relations between the European Union and South Africa, in particular, in negotiations for an economic partnership agreement between the EU and the so-called Southern African Development Community group, comprising Angola, Botswana, Namibia, Lesotho, Tanzania and Mozambique.
A Free Trade Agreement (FTA) between Pakistan and South Africa is necessary to boost trade and investments between the two countries according to Rawalpindi Chamber of Commerce and Industry
What does the “grand debate” about a United States of Africa have to do with the fate of SA’s provinces?
A Free State farmer who had farms in Zimbabwe repossessed is taking SA’s government to court to try to force it to ratify a treaty designed to protect South African investments abroad.
A top European Union official has been seeking to create divisions between South Africa and its neighbours in talks aimed at establishing a free trade deal, African diplomats have alleged.
SA and the rest of southern Africa needed to rationalise trade blocs to allow for stronger and larger regional economic communities, said Finance Minister Trevor Manuel yesterday.
Namibia has opposed attempts by the European Commission to have South Africa expand its markets access for EU products beyond the Trade and Development Cooperation Agreement (TDCA).
In the last decade or so, India and South Africa have signed about 35 sectoral bilateral agreements. They are right now concluding a bilateral investment protection agreement and negotiating a preferential trade agreement.
The latest in a series of local networking and consulting organisations, set up by Switzerland’s official export promotion agency, has been opened in Pretoria.
Indian interest in the South African economy is growing apace. Planned investments by Indian companies in SA over the coming years reportedly add up to billions of rands.
The Malawian government is optimistic that its new economic and technical cooperation agreement with South Africa will finally draw investors from its mighty neighbour.
A senior member of parliament of the ruling African National Congress (ANC), Ben Turok, says the existing trade agreement between South Africa and the European Union (EU) has not benefited his country.
Singaporean President Sellapan Ramanathan again pushed for a free-trade agreement between his country and South Africa during discussions with President Thabo Mbeki in Pretoria on Thursday.