Trade markets

Trade markets where eswatini is a member


Trade Agreement

Countries/Members

Size, Liberalization & Market Access

1.  Southern African Customs Union (SACU)

Swaziland, South Africa, Botswana, Namibia, Lesotho

·  55 million population, with South Africa as major trading partner

· Allows for Free movement of goods within the customs union

2.  Eswatini – Republic of China (Taiwan) – Economic Cooperation Agreement (ECA)

Eswatini and Taiwan

Bilateral Trade agreement

·  24 million Taiwan population

·   Duty free market access to over 100 products lines

·  Flexible rules of origin

3.  Southern African Development Community (SADC)

          

Swaziland, Angola, Botswana, Lesotho, Madagascar, Mauritius, Namibia, Tanzania, Mozambique, South Africa, Zimbabwe, Zambia, Malawi, Seychelles, DR Congo

· 238 million population

· Free trade area with preferential market access for goods and further integrating to customs union

· Highlighted State are not implementing the FTA

4.  Common Market for Eastern and Southern Africa (COMESA)

         

Swaziland, Angola, Uganda, Kenya, Ethiopia, Eritrea, Burundi, Rwanda, Egypt, Libya, Zimbabwe, Zambia, Madagascar, Mauritius, Comoros, Congo, Somalia, Sudan, Malawi

· 374 million population

· Free trade area with preferential market access further integrating to a customs union.

· Swaziland only SACU member state currently in COMESA

5.  Generalized System of Preferences (GSP)

Japan, New Zealand, USA, EU, Russia, Switzerland

· Over 600 million population

· Swaziland as beneficiary country enjoys preferential market access

· Scheme enables developing countries to access markets of industrialized countries

6.  African Growth Opportunity Act (AGOA)

Click here for AGOA brochure

        

USA

· 300 million population

· Over 6500 duty free tariff lines

· Duty free market access till  2025

· Third country fabric provision till 2015

7.  Economic Partnership Agreement (SADC-EU EPAs)

EU 27/28

· 500 million population

· Duty free entry for Swazi products to EU 27

· Simplified rules of origin including cummulation

8.  SACU-European Free Trade Association (PTA)

Switzerland, Iceland, Norway, Lichtenstein 

· 12.8 million population

· Preferential market access for Swaziland products mostly in agriculture

9.  SACU – MERCOSOUR

(PTA)

Brazil, Argentina, Uruguay, Paraguay

· 241 million population

· Preferential market access

10.           Tripartite Free Trade Area (COMESA-EAC-SADC)

              

27 countries in COMESA-EAC-SADC

· Combined population of over 500 million and GDP of over US$800 billion

· Under negotiations until 2014

· Will increase Africa intra trade

11.           African Continental Free Trade area 

All 54 countries of Africa

· Still under negotiations

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