SADC, EU launch im­ple­men­ta­tion of trade projects

Vuk'uzenzele - - Grenlaetriaonls -

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 to con­trib­ute to sus­tain­able devel­op­ment within the re­gion.

Projects 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.

SADC mem­ber states that have signed and rat­i­fied the SADC Pro­to­col on Trade and are ben­e­fit­ting from the TRF are Botswana, Le­sotho, Mada­gas­car, Malawi, Mau­ri­tius, Mozam­bique, Namibia, Sey­chelles, Swazi­land, Tan­za­nia, Zam­bia and Zim­babwe.

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