A top European Union official has been seeking to create divisions between South Africa and its neighbours in talks aimed at establishing a free trade deal, African diplomats have alleged.
SA and the rest of southern Africa needed to rationalise trade blocs to allow for stronger and larger regional economic communities, said Finance Minister Trevor Manuel yesterday.
Namibia has opposed attempts by the European Commission to have South Africa expand its markets access for EU products beyond the Trade and Development Cooperation Agreement (TDCA).
In the last decade or so, India and South Africa have signed about 35 sectoral bilateral agreements. They are right now concluding a bilateral investment protection agreement and negotiating a preferential trade agreement.
The latest in a series of local networking and consulting organisations, set up by Switzerland's official export promotion agency, has been opened in Pretoria.
Indian interest in the South African economy is growing apace. Planned investments by Indian companies in SA over the coming years reportedly add up to billions of rands.
The Malawian government is optimistic that its new economic and technical cooperation agreement with South Africa will finally draw investors from its mighty neighbour.
A senior member of parliament of the ruling African National Congress (ANC), Ben Turok, says the existing trade agreement between South Africa and the European Union (EU) has not benefited his country.
Singaporean President Sellapan Ramanathan again pushed for a free-trade agreement between his country and South Africa during discussions with President Thabo Mbeki in Pretoria on Thursday.
Finstone Ltd SA, a foreign mining company based in Luxembourg, is suing the South African government for an alleged expropriation of its mineral rights. Finstone is a holding company in control of three South African granite producing operations i.e. Marlin, Red Graniti and Kelgran. The real challenge posed by this legal action is that the abovementioned investors find the black economic empowerment programme is in violation of the bilateral treaties signed with South Africa by both Luxembourg and Italy.