Common Contracts
1 similar Tripartite Free Trade Area Agreement contracts
Tripartite free trade area agreement pdfTripartite Free Trade Area Agreement • July 6th, 2023
The Heads of State and Government of the Common Market for Eastern and Southern Africa (COMESA), East African Community (EAC) and Southern African Development Community (SADC) met on 10 June, 2015 in Sharm El Sheikh, Egypt at the Third Tripartite Summit to officially launch the COMESA-EAC-SADC Tripartite Free Trade Area (TFTA). The Agreement initially covered 26 member states across the three RECs, but with the expansion of the EAC to include South Sudan (April 2016), the total number of participating member states has risen to 27. The Tripartite Summit had given Member States 12 months from the launch of the TFTA to conclude outstanding negotiations issues on rules of origin, trade remedies and tariff offers. However, due to a number of challenges faced in the process, the deadline of June 2016 was not met, and the commencement of Phase II negotiations – covering trade in services and other trade related matters – has been delayed pending the conclusion of negotiations on Phase I issu
