The EU plans to raise the pressure on six African countries to implement controversial free trade agreements by putting an end to their preferential access to the EU market.
Swaziland will eliminate in any way possible barriers to the ratification and approval of the Tripartite Free Trade Area (TFTA).
Some experts view the Economic Partnership Agreements (EPAs) as an instrument that will neither benefit the European Union (EU) nor Africa Caribbean and Pacific (ACP) countries in the long run.
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.
Swaziland will next week host the third meeting of the COMESA committee on the Customs Union.
Speaker in the House of Assembly Prince Guduza says Swaziland and Lesotho signed the interim Economic Partnership Agreement (EPA) with the European Union (EU) under duress.
A regional SACU civil society conference has recommended that there is a need for a broader regional agenda anchored on the strength of small economies in the region.
The private sector has been urged to actively participate in the formulation of policies that will help guide the proposed Free Trade Area of COMESA, East African Community (EAC), and the Southern African Development Community (SADC).
A decade after the African Growth and Opportunities Act (AGOA), a preferential US trade agreement, became law on 18 May 2000, there are questions over the benefits, if any, derived from the initiative.
In the latest twist of events, South Africa is reported to have ‘changed tunes’ and has decided to let Botswana, Lesotho and Swaziland (BLS) ratify their interim Economic Partnership Agreements (EPAs) with the European Union (EU).
The European Union signed an interim trade deal on Thursday with the Southern African countries of Botswana, Lesotho and Swaziland.
Policy paralysis in the Southern African Customs Union (Sacu) is compounding problems for the region’s struggling clothing and textiles industry.
The ongoing Doha round of World Trade Organisation talks is seen to be undermining regional integration and economic development efforts by African countries, analysts have noted.
The European Union (EU) continues to come under fire for employing ’under-handed’ tactics to get African countries, including Swaziland, to conclude a comprehensive economic partnership agreement (EPA) with it.
Even though Swaziland initialled an interim economic partnership agreement (EPA) with the European Union, trade experts acknowledge that the country ’messed up’ by doing so.
Initialled by Botswana, Lesotho, Swaziland and Mozambique on 23 November 2007
The country has been urged to play a leading role in the finalisation of the Economic Partnership Agreement (EPA).
Taiwanese Ambassador Leonard Chao has pledged his country’s willingness to sign a free trade agreement with Swaziland.
Swaziland will be forced to open up her market to foreign EU exports as a result of an EPA. This will have a devastating impact on local industries to the extent that they would have to adjust due to competition.
Swaziland’s private sector has raised concern on which direction the country would take in 2008 when the Common Market for East and Southern Africa (COMESA) assumes a customs union status.