ISDS Case Map
SADC
Southern Africa Development Cooperation
In a document that was made public this Tuesday, July 6, 2021, it was confirmed that Burundi officially ratified the agreement establishing the African Continental Free Trade Area on June 17, 2021.
AfCFTA provides a platform for Mauritius to contribute significantly to the new African impetus by making available to investors and businessmen an ecosystem that not only makes it easier for them to do business with Africa, but also enhances and safeguards their investments.
The legal regimes of the eight Regional Economic Communities (RECs) recognised by the AfCFTA Agreement as building blocks of the African Continental Free Trade Area will not disappear when the AfCFTA is implemented.
The Council of Ministers of the Southern African Development Community has urged Member States that have not yet signed and ratified the AfCFTA and the TFTA to do so to allow for the implementation of the agreements.
Malawi has become the 167th country to accede to New York Convention which governs the recognition and enforcement of arbitral awards made in other countries.
Private sector lobbies in Africa’s six regional trading blocs have formed the African Business Council, a continental umbrella body to spearhead the business agenda for the African Continental Free Trade Area (AfCFTA).
Ministers from the tripartite group of regional economic communities in eastern and southern Africa have set June 2021 as the deadline to achieve the threshold of 14 ratifications required to enable the Tripartite Free Trade Area (TFTA) enter into force.
Zambia has become the latest country to ratify the Tripartite Free Trade Area, bringing the number of countries that have ratified the agreement and deposited the instruments to nine. The agreement, being pursued by COMESA, the East African Community (EAC) and the Southern African Development Community (SADC), needs a total of 14 countries to enter into force.
An economist at the Centre for Public Integrity (CIP) argues that Mozambique is not in a position, in the short-to-medium term, to ratify the African Continental Free Trade Agreement (AfCFTA).
In the SACUM-UK EPA, commitments on tariffs for both the UK and SACUM have been transitioned from the SADC-EU EPA without changes.
