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Wednesday, 12 October 2016

South Africa: SADC Products to Gain Better Access to EU Market

A new economic agreement between SADC and the European Union will soon come into effect, giving agricultural products from the region improved access to the EU. The Department of Trade and Industry (dti) on Thursday said the Southern African Development Community (SADC) Economic Partnership Agreement (EPA) group has submitted the necessary instruments required to bring the agreement into effect. The SADC group is made up of Botswana, Lesotho, Mozambique, Namibia, South Africa and Swaziland. "The agreement will provisionally enter into force between SACU [Southern African Customs Union] member states and the EU on 10 October 2016 for all provisions of the agreement, except for the new agriculture market access that requires an exchange of letters between the EU and South Africa to confirm the protection of each other's Geographical Indications (GIs) names. "It is expected that the new agricultural market access will enter into force on 1 November 2016. The agreement will provisionally enter into force between the EU and Mozambique once the latter has finalised their ratification process," said the dti. For South Africa and the EU, the EPA will replace the trade chapter in the Trade, Development and Cooperation Agreement (TDCA). Under the EPA, South Africa gains improved access into the EU for wine, sugar, ethanol, flowers, some dairy products, fresh fruit, canned fruit, fruit juice and yeast.

Source: allafrica.com