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Trade and development--the EFTA-SACU agreement.(European Free Trade Association, Southern African Customs Union)

Publication: EFTA Bulletin (Switzerland)
Publication Date: 01-JUL-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Since the early 1990s, the EFTA States have successfully concluded free trade agreements with a number of developing countries. As of May 2006, nine of EFTA's 15 FTAs are with developing countries (5). In addition, the recently concluded Agreement. with the Member States of the Southern i.e.,...

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...African Customs Union, Botswana, Lesotho, Namibia, South Africa and Swaziland, involves a least developed country (Lesotho).

Negotiations began in 2003 and lasted for more than two years. A number of complex legal and institutional issues arose due to the fact that the negotiations involved two groups of countries with divergent needs and aspirations. The talks took place against the backdrop of the WTO Doha Development Agenda negotiations (6) where many of the same issues relating to trade and development were under consideration. This did sometimes pose additional challenges for the negotiators.

The parties shared the ambition that an EFTA-SACU FTA should promote fair and equitable trade relations between developed and developing countries. From the outset in 2003, the negotiations covered a broad range of issues, such as traditional market access issues for goods (industrial and agricultural duties, technical standards, rules of origin and customs procedures and trade remedies), and services, investment, intellectual property, competition...

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