Sacu Efta Agreement

Free trade agreements between the countries of the European Free Trade Association and the countries of the South African Customs Union (EFTA-SACU FREE TRADE AGREEMENT) International investment agreements (IIAs) are divided into two types: (1) bilateral investment agreements and (2) investment agreements. A bilateral investment agreement (BIT) is an agreement between two countries on the promotion and protection of investments made by investors of the countries concerned in the territory of the other country. The vast majority of AIIs are BITs. The category of contracts with investment rules (TIPs) includes different types of investment agreements that are not NTBs. Three main types of NTPs can be distinguished: 1. global economic contracts, which contain obligations usually found in THE ILO (e.g. B a free trade agreement with an investment chapter); 2. contracts with limited provisions related to investment (e.g. only those relating to investment or the free transfer of investment funds); and (3) contracts that contain only “framework clauses”, such as. B those relating to cooperation in the field of investment and/or a mandate for future negotiations on investment issues. In addition to AIIs, there is also an open category of investment-related instruments (IRIs). It includes several binding and non-binding instruments, such as model agreements and drafts, multilateral conventions on dispute settlement and arbitration rules, documents adopted by international organizations and others.

Within the framework of the Agreement, the Parties shall grant and ensure adequate, effective and non-discriminatory protection of intellectual property rights (patents, copyrights, industrial designs, undisclosed information, geographical indications) and ensure the enforcement of these rights against infringements (counterfeiting, piracy). These commitments are based on existing international agreements. The Parties undertake to review this Chapter with a view to progressively harmonising the legal framework for intellectual property passports (Article 26). IIA Mapping Project The IIA Mapping Project is a cooperative initiative between UNCTAD and universities around the world to represent the content of IIAs. The resulting database serves as a tool to understand trends in the development of the IIA, assess the prevalence of different policy approaches and identify examples of contracts. The “Mapping of IIA Content” allows you to browse the results of previous projects (the page will be updated regularly when the new results are updated). Please cite as: UNCTAD, Mapping of IIA Content, available under Further information: Mapping Project page Project description & Methodology Document The parties may hold consultations and, in the absence of agreement, apply interim measures. Each Party may suspend a dispute over the interpretation of the rights and obligations under the Agreement to binding arbitration if consultations do not lead to a solution (Articles 35 to 37). Under the agreement, the EFTA states had to abandon all tariffs on the SACU states immediately after the entry into force of the agreement, when the SACU states had until 2014 to slowly reduce their duties[5]. In addition, EFTA ensures that it will act in accordance with the principles of economic cooperation and support. Due to the asymmetry of the economic development of the Parties, EFTA grants several concessions to Botswana, Lesotho, Namibia and Swaziland to promote the development of these countries. EFTA has concluded a number of free trade agreements between its Member States and the Member States of other countries or groups of countries, of which the EFTA-SACU Free Trade Agreement is one of them.