southern african customs union and european free trade association export promotion seminar...
TRANSCRIPT
Southern African Customs Unionand
European Free Trade Association
Export Promotion Seminar
Pretoria, South Africa15 and 16 July 2009
EFTA – South Africaand Swaziland
Trade Relations
Pretoria, 15 July 2009
Geir UlleSenior Officer, TRD
Outline
1. What is EFTA
2. EFTA-South Africa and Swaziland Free Trade Relations
3. EFTA – SACU Free Trade Agreement
Member States
Iceland
Liechtenstein
Norway
Switzerland
EFTA
Main economic sectors
Iceland:Fisheries, aluminium, pharmaceuticals, services
Norway:Oil, natural gas, fisheries (incl. fish farming), machinery, shipbuilding, services (including maritime transport)
Liechtenstein and Switzerland:Machinery, pharmaceuticals, chemicals, watchmaking, services (incl. financial services and tourism)
EFTA on the world stage
- Leaders in per capita GDP (among the top 10) - World’s 11th biggest trader in merchandise trade - World’s 5th biggest trader in services trade - Combined foreign direct investment outflow
USD 74 billion
EFTA - a top rank traderY
ear considered : 2007
Year considered : 2007
Year considered : 2007
Year considered : 2007
Year considered : 2007
EFTA’s top import sources (2007)
This is EFTA - European Free Trade Association - 2009
This is EFTA - European Free Trade Association - 2009
EFTA – South Africa and Swaziland Trade
EFTA – SACU Trade
0
500000
1000000
1500000
2000000
2500000
3000000
Th
ou
sa
nd
US
D
1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
Year
Evolution of EFTA States' Trade with SACU1998-2008
Exports
Imports
Global Trade Atlas (GTIS), July 2009
EFTA – SACU TradeTotal EFTA imports (2008): USD 1’634 million
Global Trade Atlas (GTIS) : July 2009
EFTA Imports from SACU by commodity (2008)
Nickel and Articles Thereof
Precious Stones
Ores, Slag, Ash
Edible Fruit and Nuts
Aluminum and Articles Thereof
Meat
Iron and Steel
Beverages
EFTA – SACU TradeTotal EFTA exports (2008): USD 882 million
Global Trade Atlas (GTIS) : July 2009
EFTA Exports to SACU by commodity (2008)
Pharmaceutical Products
Machinery; Reactors, Boilers
Electrical Machinery, Etc.
Optical, Medical Instruments
Perfumery, Cosmetic Products
Mineral Fuel, Oil
Clocks and Watches
Aircraft, Spacecraft
Evolution of EFTA’s Trade with South Africa and Swaziland
Global Trade Atlas (GTIS), July 2009
0
500000
1000000
1500000
2000000
2500000
3000000
3500000
Th
ou
sa
nd
US
D
1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
Year
Evolution of EFTA States' Trade with South Africa and Swaziland1998-2008
Export
Import
EFTA – South Africa and Swaziland Trade
Global Trade Atlas (GTIS) : July 2009
5 5
401
141
590721
0
200
400
600
800
Iceland Norway Switzerland
EFTA States' trade with South Africa and Swaziland(2008 - Million US dollars)
Imports
Exports
EFTA – South Africa and Swaziland TradeTotal EFTA imports: USD 996 million
Global Trade Atlas (GTIS) : July 2009
EFTA Imports from South Africa and Swaziland by Commodity (2008)
Machinery; Reactors, Boilers
Pharmaceutical Products
Aircraft, Spacecraft
Clocks and Watches
Mineral Fuel, Oil
Perfumery, Cosmetic Products
Optical, Medical Instruments
Electrical Machinery, Etc.
EFTA – South Africa and Swaziland TradeTotal EFTA exports (2008): USD 865 million
Global Trade Atlas (GTIS) : July 2009
EFTA Exports to South Africa and Swaziland by Commodity (2008)
Pharmaceutical Products
Machinery; Reactors, BoilersElectrical Machinery,
Etc.
Optical, Medical Instruments
Perfumery, Cosmetic Products
Mineral Fuel, Oil
Clocks and Watches
Aircraft, Spacecraft
EFTA – SACU
Free Trade Agreement
– November 2000: High-level talks in Pretoria
– June 2001-November 2002: Exploratory exchange of information
– May 2003-August 2005: 7 rounds of negotiations
– Summer 2006: Free Trade Agreement signed
– 1 May 2008: Free Trade Agreement entered into force
EFTA - SACU FTA
EFTA-SACU FTA
– Liberalization of trade in Goods
– Evolutionary clauses regarding
• Services
• Investment
• Intellectual property rights
• Government procurement
– Economic Co-operation and Technical Assistance
EFTA-SACU FTA
Trade in Goods
Trade disciplines:– Origin rules and Customs procedures– Technical regulations– Sanitary and Phytosanitary (SPS) measures– Competition and Subsidies– Safeguards and Anti-dumping
EFTA-SACU FTA
More information:
All texts of the Agreement, information,
updates under EFTA’s web page :
www.efta.int
