Bilateral deal-making involving governments of Africa and the Middle East.
Members of the US congress expect that a free trade agreement will be signed between the USA and Qatar within one year. Qatar will provide the USA liquid natural gas and will attract direct American investments. However, Washington will set several preconditions before opening the door.
South Africa’s trade negotiations with China should be suspended until their effect on the local economy had been studied, the Congress of South African Trade Unions (Cosatu) said on Friday.
As part of positioning itself in the global economy in the ever growing global village, the Southern African Customs Union (SACU) is contemplating fostering closer economic ties with India.
The Congress of SA Trade Unions (Cosatu) on Thursday called for a moratorium on all South Africa’s current bilateral trade agreements, and renewed its plea to the government to consistently pursue economic and trade policies that prioritise job retention and creation.
It has been almost five years since SA and the European Union (EU) last sealed a bilateral trade agreement and the current deal comes up for review in November.
The World Trade Organisation has given the green light for Libya to begin talks on becoming a member. The decision, which received US backing at a meeting in Geneva, is the latest sign of Libya’s rehabilitation in the international community.
Turkey was searching possibilities to sign a free trade agreement (FTA) with Bahrain, which was getting prepared to sign one with the United States, Turkish Finance Minister said on Thursday.
Minister of Commerce and Industry Dr. Hashim Yamani and US Trade Representative Robert B. Zoellick signed in Washington last week a Trade and Investment Framework Agreement (TIFA) designed to boost bilateral relations in the wake of the Sept. 11 events and the Iraq war. The agreement, signed in Washington on July 31, was released by the US Embassy here yesterday.
Tralac’s page on the African Continental Free Trade Area
The Southern and Eastern Africa Trade Information and Negotiations Institute (SEATINI) is a regional non-governmental organization founded in 1996 soon after the WTO Singapore Ministerial Conference — mainly focusing on WTO, but also bilateral and regional trade negotiations in Africa.
The Southern and Eastern African Trade Information and Negotiations Institute (SEATINI) is an African initiative to strengthen Africa’s capacity to take a more effective part in the emerging global trading system and to better manage the process of globalization.