Efta Agreement With South Africa

Efta Agreement With South Africa

South Africa alone has a bilateral free trade agreement with SADC (Southern Africa Development Cooperation). It also has preferential agreements with Malawi, Zimbabwe and Croatia, as well as a non-reciprocal trade agreement with Mozambique. It is currently considering further bilateral agreements with Kenya, Nigeria, China, Japan, Singapore, South Korea and India. In late 2011, it rejected a proposal for a free trade agreement from Turkey claiming that it would lead to destructive competition that would undermine South Africa`s industrial and employment goals. The Parties may hold consultations and, in the absence of agreement, apply interim measures. Each Party may suspend a dispute over the interpretation of the rights and obligations under the Agreement to binding arbitration if consultations do not lead to a solution (Articles 35 to 37). . . .


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