Teknoloji Haberleri internet Haberleri Web Güvenliği Teknoloji Yazılım Bilim Teqnoloji
SADC, EU Launch Implementation of Trade Projects

Video guest: Josephine Mwangi

February 2019
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 1 2 3


Follow the CTA Brussels Daily


twitter logo


facebook logo cta

Thursday, 24 August 2017

SADC, EU Launch Implementation of Trade Projects

The Southern African Development Community (SADC) and the European Union (EU) have formally launched the implementation of projects valued at 31.6 million Euros. The projects were launched under the Trade Related Facility (TRF), which was established through a contribution agreement between the EU and SADC in 2014. The objective of the TRF is to improve the participation of SADC Member States in regional and international trade in order to contribute to sustainable development within the SADC region. Projects being supported by the TRF mainly focus on customs cooperation, technical barriers to trade, sanitary and phytosanitary measures, rules of origin, trade facilitation, industrial development, trade promotion and development, and trade in services. In addition, there are specific areas that relate to the EPA Window, namely trade defence instruments, trade related adjustment and competition policy. In his remarks, Minister of Commerce, Industry and Trade of the Kingdom of Swaziland, Jabulani Mabuza, thanked the EU for the tireless support rendered to SADC Member States in the promotion of regional integration and in improving the lives of SADC citizens. SADC Director of Policy Planning and Resource Mobilisation, Mubita Luwabelwa, expressed SADC's commitment to the implementation of the Trade Related Facility projects in the member states in order to make the TRF a critical instrument to further economic integration across the region. EU representative John Taylor reiterated the EU financial commitment to supporting projects which promote regional integration. Taylor thanked the 12 SADC Member States benefiting from the TRF funding for their unwavering cooperation and collaboration.

Source: All Africa