European Union Trade Agreement
SOUTHERN AFRICAN CUSTOMS UNION AND MOZAMBIQUE SIGNS HISTORIC TRADE AGREEMENT WITH EUROPEAN UNION
Six Southern African Development Community (SADC) Member States, Botswana, Lesotho, Namibia, South Africa and Swaziland (the Southern African Customs Union (SACU) and Mozambique signed a historic Economic Partnership Agreement (EPA) with the European Union (EU) on 10 June 2016.
This is the first time that South Africa has signed an agreement as part of a SADC group of countries. For the purposes of this agreement the group of SADC Countries will be known as the SADC EPA States.
The agreement is also a victory because it is the first agreement eliminating the possibility for the EU to use agricultural export subsidies.
The EPA contains a large number of safeguards which EPA countries can activate in the case of EU imports that threatens to disrupt domestic production in the EPA States.
The EU-SADC Economic Partnership (EPA) is an agreement is a reciprocal agreement that:
is oriented towards development;
supports the economic diversification in SADC EPA States;
promotes democracy and sustainable development;
strengthens regional integration in Southern Africa; and
benefits the SADC EPA States and the EU.
Visit the EU website for more information.
ECONOMIC PARTNERSHIP AGREEMENTS BETWEEN THE EUROPEAN UNION AND ITS MEMBER STATES AND THE SADC EPA STATES
SACU and Mozambique signs Economic Partnership Agreement
Economic Partnership Agreement