Free Trade Area. 1. The Community and South Africa agree to establish a Free Trade Area (FTA) in accordance with the provisions of this Agreement and in conformity with those of the WTO. 2. The FTA will be established over a transitional period lasting, on the South African side, a maximum of 12 years and, on the Community side, a maximum of 10 years starting from the entry into force of the Agreement. 3. The FTA covers the free movement of goods in all sectors. This Agreement will also cover the liberalisation of trade in services and the free movement of capital.
Appears in 5 contracts
Samples: Agreement on Trade, Development and Cooperation, Agreement on Trade, Development and Cooperation, Agreement on Trade, Development and Cooperation
