Trade Agreement

Trade Agreements
South Africa participates in a number of preferential trade relationships, both regional and bilateral, and is an active member of the World Trade Organisation. The South African government has made tremendous strides in increasing the country’s global competitiveness, including forming strong economic trading blocs, to provide access to key markets. These include: Free trade agreement with South African Development Community (SADC) members, comprising 14 countries. Free trade agreement with the European Union (EU), the SA-EU Trade Development Co-operation Agreement. Preferential trade agreement with Mercosur, the major South American trading bloc. In addition, South Africa continues to strengthen its relations with Asia, through increases in two-way trade and finalising co-operation agreements in areas such as scientific and technological exchange, technology transfer, investments and overseas development assistance.

Trade Agreements

South Africa participates in a number of preferential trade relationships, both regional and bilateral, and is an active member of the World Trade Organisation. The South African government has made tremendous strides in increasing the country’s global competitiveness, including forming strong economic trading blocs, to provide access to key markets.

These include:
Free trade agreement with South African Development Community (SADC) members, comprising 14 countries.

Free trade agreement with the European Union (EU), the SA-EU Trade Development Co-operation Agreement.
Preferential trade agreement with Mercosur, the major South American trading bloc.

In addition, South Africa continues to strengthen its relations with Asia, through increases in two-way trade and finalising co-operation agreements in areas such as scientific and technological exchange, technology transfer, investments and overseas development assistance.