Sadc Trade Agreement

The EPA provides asymmetric access to the partners of the APE CDAA group. They can protect sensitive products from full liberalisation and safeguards can be taken if imports from the EU increase too rapidly. A detailed chapter on development identifies areas of trade that can benefit from financing. The agreement also contains a chapter on sustainable development that covers social and environmental issues. The online NTB monitoring mechanism is available on Operators can report and directly monitor the removal of barriers in the COMESA, ABC and SADC regions. This new system increases transparency and facilitates the tracking of notified and identified NBS. This web-based NTB system is accessible to all economic operators, civil servants, scientific researchers and other interested parties. The CDAA`s Trade Protocol (2005), as amended, provides for the creation of a free trade area in the CDAA region by 2008, and its objectives are to further liberalize intra-regional trade in goods and services. Ensure efficient production contribute to improving the climate for domestic, cross-border and foreign investment; economic development, diversification and industrialization of the region. Improved merchandise trade opportunities: The EPA guarantees access to the EU market without tariffs or quotas for Botswana, Lesotho, Mozambique, Namibia and Eswatini.

South Africa enjoys new market access under the EU-South Africa Trade, Development and Cooperation Agreement (TDCA), which currently governs trade relations with the EU until October 2016 (when the EPA came into force on an interim basis, which lifted the trade component of the TDCA). The new access includes better trading conditions, particularly in agriculture and fishing, including wine, sugar, fish products, flowers and fruit preserves. The EU will benefit from new valid access to the southern African customs union (whose products include wheat, barley, cheese, meat products and butter) and will have the security of a bilateral agreement with Mozambique, one of the region`s LDCs. The region`s free economy will create a larger market and unlock the potential for trade, economic growth and job creation. The CDAA Free Trade Area aims to meet the following needs of the private sector and other regional stakeholders: a successful merger of the existing CDAA, COMESA and ABC free trade zones would allow for tariff-free, quota-free and duty-free trade in a much larger region. The proposed tripartite free trade area would encourage, through a series of complementary programs, greater intra-regional trade in the tripartite region: since 2000, when the CDAA trade protocol was implemented, intra-SADC trade more than doubled, from about $13.2 billion in 2000 to about $34 billion in 2009. , an increase of about 155%. The CDAA is setting up a trade monitoring and compliance mechanism to monitor the implementation of the free trade area, with a specific mechanism for identifying and removing non-tariff barriers to trade.

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