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Protecting foreign investments in Sub-Saharan Africa: The SADC and its protocol on finance and investment
The SADC protocol on investment provides rights to investors, including investor-state dispute settlement provisions, in southern Africa no matter what country they hail from. Thus, it goes way beyond typical bilateral investment treaties (BITs) while protecting foreign companies operating in SADC countries without BIT coverage.
Waiting for an FTA
Southern Africa countries’ restrictive trade practices continue to undermine the potential gains of a regional free trade area (FTA).
Slow progress in Africa free trade talks
Negotiations between three trade blocs in Africa to create a free trade area were running behind schedule in terms of reaching their 2014 deadline but were nevertheless progressing, South Africa Trade and Industry Minister Rob Davies said last week.
Namibia and the Economic Partnership Agreement
Namibia’s principled refusal to get bullied into an agreement against what it considered its own best interests has served as an example for other countries originally more willing to give in to the pressure exerted by EU
SADC scrambles to meet EU trade deadline
Trade ministers from SADC member states met in Gaborone yesterday as part of efforts to thrash out a new inclusive Economic Partnership Agreement with the European Union ahead of next year’s deadline.
Writing the Struggle - EPAs: The European game is over, comrades
The current episode between some African countries and European Union over the Economic Partnership Agreement (EPA) proves to a great extent what Franz Fanon talks about when he says: “The new day which is already at hand must find us firm, prudent and resolute.”
Call to speed up African Tripartite FTA negotiations
The Government of Zambia has called on the three African regional economic communities (RECs) — the East African Community (EAC), the Common Market for Eastern and Southern Africa (COMESA) and the Southern African Development Community (SADC) — to speed up their free trade agreement (FTA) negotiations.
Experts support Uganda’s decision to join COMESA FTA
Economic experts have supported the recent decision taken by the government of Uganda to join the COMESA FTA, saying it would increase the volume of Ugandan exports to the COMESA FTA and promote the country’s economic growth.
EPAs: Why we must be cautious
A series of meetings involving senior officials and experts from Southern Africa and the European Union are scheduled before the end of the year as the parties attempt to finalise a full Economic Partnership Agreement.
Regional blocs seek to remove trade barriers
Three regional economic communities (Recs) have taken the lead as Africa seeks to remove trade barriers by 2017.
SADC free trade agreement coming soon: Davies
An agreement to lower barriers to trade and improve cross-border commerce in the SADC should be implemented this year, Trade and Industry Minister Rob Davies says.
SADC moving forward on model bilateral investment treaty template
Investment policy makers and investment treaty negotiators from the 15-member Southern African Development Community (SADC) convened in Pretoria, South Africa recently to engage in clause by clause in-depth discussions of the draft SADC Model Bilateral Investment Treaty (BIT) Template and Commentary.
EPAs dividing SADC region - official
Southern African Development Community (SADC) integration is compounded by the ongoing Economic Partnership Agreements’ (EPAs) trade negotiations between the European Union (EU), a SADC official said on Wednesday.
African trade: Integration of economic blocs into a global player
Plans to create an African free trade area (FTA) by integrating three existing African trade blocs consisting of 26 countries by July 2014 are gaining momentum. The aim is to create a free market of 525 million people with an output of US$1 trillion making it a global player.
Free trade bloc planned for Africa
Plans to create a 26-nation free trade area by integrating three existing African trade blocs by July 2014 are on track and the only major sticking point is likely to be harmonising rules of origin, the three blocs said on Friday.
Davies says intra-African trade is key to SA growth
Strengthening bilateral trade and investment relations with African countries was a key trade and economic strategy for South Africa, Trade and Industry Minister Dr Rob Davies told the sixth Africa Economic Forum in Cape Town this week.
Sadc, EAC, Comesa free trade talks begin in December
First round of negotiations to establish the $1 trillion Tripartite Free Trade Area (FTA) covering 27 countries in eastern and southern Africa are scheduled to start next month, the head of the taskforce spearheading the process has said.
Tough talk over industrialisation expected for FTA - Davies
As South Africa moves to bolster industrialisation efforts within its own borders, the planned roll out of a giant free trade area across Africa may hit a snag when it comes to negotiating about trade in manufactured goods between member countries, the Minister of Trade and Industry Rob Davies said yesterday.
Africa’s Free Trade Zone: A Pie in the Sky?
African heads of state have ambitious plans to create a free trade zone, encompassing 26 countries and more than 600 million people on the continent. But economic experts warn the project is a bold step that comes with a plethora of legal, administrative and political hurdles. Others suggest the plan might be a pie in the sky.
SADC intra-regional trade pathetic
Intra-regional trade is really pathetic within the Southern African Development Community, says United States Agency for International Development (USAID) Senior Regional Agriculture Programme Manager Cecilia Kuphe.