Information about about the SACU/EFTA trade agreement
What is the SACU/EFTA trade agreement all about?
The seventh and final round of SACU/EFTA negotiations was held in August 2005. Four agreements were negotiated that all form part of the instruments establishing the free trade area between the two sides. The main agreement covers all products falling within HS Chapters 25 to 97, including products classified by the WTO as an agricultural product, but falling outside chapters 1 to 24, e.g. cotton in chapter 52 or hides and skins falling in chapter 41.
The agreement further covers processed agricultural products, as well as fisheries. To cover agriculture and ensure WTO compatibility, three bilateral agreements on basic agricultural products (within chapters 1 to 24, excluding processed agricultural products) were negotiated with each individual EFTA Member State (Switzerland also covers Liechtenstein).
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