The objectives of the SADC trade agreement are:
- To further liberalise intra-regional trade in goods and services on the basis of fair, mutually equitable and beneficial trade arrangements, complemented by Protocols in other areas
- To ensure efficient production within SADC reflecting the current and dynamic comparative advantages of its Members
- To contribute towards the improvement of the climate for domestic, cross-border and foreign investment
- To enhance the economic development, diversification and industrialisation of the Region
- To establish a Free Trade Area in the SADC Region.
More specifically, the agreement aims to:
- Eliminate barriers to intra-SADC trade
- Eliminate import duties based on a phased approach
- Eliminate all export duties
- Eliminate non-tariff barriers
- Apply no new quantitative import restrictions
- Eliminate quantitative export restrictions
More information about the SADC trade agreement
- SADC website
- SADC Treaty and Protocols Concerning the Rules of Origin for products to be traded between the Member States of SADC
- Consolidated text of the SADC Free Trade Agreement
- SADC – Wikipedia