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South Africa
Delays in finalising a Preferential Trade Agreement (PTA) between India and the Southern African Customs Union (SACU) have been largely caused by different processes in Indian states and resistance to New Delhi’s wide-ranging goods list, a senior official said here.
A big supplier of cheap lifesaving drugs to developing nations, India admirably balances public health needs with private profits and innovation. But it is under pressure to change this model.
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
Durant son séjour en Afrique du Sud, le vice-Premier ministre vietnamien Hoàng Trung Haile et le vice-président sud-africain Cyril Ramaphosa ont discuté du renforcement de leur coopération dans l’économie, le commerce et l’investissement
From an international policy point of view, South Africa’s denunciation of BITs is reasonable. It may even be seen as a refreshing retreat from a legal quagmire. But the domestic reality requires wider consideration.
A bill to renew the African Growth and Opportunity Act (Agoa) for 10 years would give the US Trade Representative expanded authority to deal with countries considered non compliant, like South Africa.
The failure of the US and South Africa to achieve a free trade agreement in 2006 came to haunt them on Tuesday as their delegations gathered for consultations under the Trade and Investment Framework Agreement signed in 1999.
Countries in the Southern African Development Community (Sadc) have signed the Economic Partnership Agreement (EPA) with the European Union.
Aafter 10 years of negotiations, a regional Southern African Development Community (Sadc) group, of which South Africa is a part, has "initialled" an Economic Partnership Agreement with the European Union, the Department of Trade and Industry said on Thursday.
South Africa’s unilateral cancellation of its bilateral investment treaty with the Netherlands, a major trade and investment partner, does not appear to have dampened the Dutch appetite for investment in the country.
Canadian Trade Minister Ed Fast said he will continue to lobby South African leaders about the benefits of bilateral investment treaties, despite their rejection of the idea. Canada signed a BIT with Burkina Faso this month and Fast announced this week that Madagascar is moving toward a similar deal with Canada.
South Africa’s negotiations with Brazil to sign FTAs to allow the import of cheap meat into South Africa will have implications for Namibia.
Free trade agreements won’t hold favourable implications for Namibia’s weaner industry and the opportune thing for local producers along with government, is to get together and have a round table discussion to come up with plans on how to convert potential challenges into opportunities.
Several countries are reviewing these agreements, prompted by the number of cases brought by foreign companies who claim that changes in government policies affect their future profits.
Foreign direct investment (FDI) has recently been a hot topic in South Africa, following the government’s unilateral cancellation of bilateral investment treaties with the European Union and the release of the draft Promotion and Protection of Investment Bill. But what is FDI, and why is it important?
A stir greeted last year’s announcement by the South African government that it would not be renegotiating bilateral investment agreements with major trading partners such as the EU. However, it now seems as if a lot of dust has settled around the Promotion and Protection of Investment Bill, which is set to replace the agreements.
Late last year, the African cyberspace was buzzing with rumours that the region’s oldest trade agreement, the Southern African Customs Union or SACU was about to be finally killed off by South Africa. From Windhoek to Cape Town to Mbabane, trade policy wonks were debating what the most recent moves from Pretoria regarding SACU really meant.
In the last couple of years, South Africa has become the unlikely champion of the anti-BIT movement.
As the nation looks to move on from the loss of Nelson Mandela, these moves to regain control over foreign investment will prove valuable.
Is there something the EU trade guys know that they’re not telling the rest of us? Have they got wind of a dastardly ANC plan to expropriate all European-owned assets in South Africa?
