THE EUROPEAN FREE TRADE ASSOCIATION

Report
Southern African Customs Union
and
European Free Trade Association
Export Promotion Seminar
Pretoria, South Africa
15 and 16 July 2009
EFTA – South Africa
and Swaziland
Trade Relations
Pretoria, 15 July 2009
Geir Ulle
Senior Officer, TRD
[email protected]
Outline
1. What is EFTA
2. EFTA-South Africa and Swaziland Free Trade
Relations
3. EFTA – SACU Free Trade Agreement
EFTA
Member States
Iceland
Liechtenstein
Norway
Switzerland
EFTA on the world stage
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 - a top rank trader
Y
-
e
a
r
c
o
n
s
i
d
e
r
e
d
:
2
0
0
7
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
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
Evolution of EFTA States' Trade with SACU
1998-2008
3000000
Thousand USD
2500000
2000000
1500000
Exports
1000000
Imports
500000
0
1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
Year
Global Trade Atlas (GTIS), July 2009
EFTA – SACU Trade
Total EFTA imports (2008): USD 1’634 million
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
Global Trade Atlas (GTIS) : July 2009
EFTA – SACU Trade
Total EFTA exports (2008): USD 882 million
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
Global Trade Atlas (GTIS) : July 2009
Evolution of EFTA’s Trade with South Africa
and Swaziland
Evolution of EFTA States' Trade with South Africa and Swaziland
1998-2008
3500000
Thousand USD
3000000
2500000
2000000
Export
1500000
Import
1000000
500000
0
1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
Year
Global Trade Atlas (GTIS), July 2009
EFTA – South Africa and Swaziland Trade
EFTA States' trade with South Africa and Swaziland
Imports
(2008 - Million US dollars)
Exports
590
800
721
401
600
400
141
5
200
5
0
Iceland
Global Trade Atlas (GTIS) : July 2009
Norway
Switzerland
EFTA – South Africa and Swaziland Trade
Total EFTA imports: USD 996 million
EFTA Imports from South Africa and Swaziland by Commodity
(2008)
Aircraft, Spacecraft
Clocks and Watches
Pharmaceutical
Products
Mineral Fuel, Oil
Perfumery, Cosmetic
Products
Optical, Medical
Instruments
Electrical Machinery,
Etc.
Global Trade Atlas (GTIS) : July 2009
Machinery; Reactors,
Boilers
EFTA – South Africa and Swaziland Trade
Total EFTA exports (2008): USD 865 million
EFTA Exports to South Africa and Swaziland by Commodity
(2008)
Aircraft, Spacecraft
Clocks and Watches
Mineral Fuel, Oil
Pharmaceutical
Products
Perfumery, Cosmetic
Products
Optical, Medical
Instruments
Electrical Machinery,
Etc.
Global Trade Atlas (GTIS) : July 2009
Machinery; Reactors,
Boilers
EFTA – SACU
Free Trade Agreement
EFTA - SACU FTA
– 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
– 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
Thank you for your attention.
[email protected]

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