Common Contracts
1 similar Background contracts
BackgroundBackground • November 6th, 2009
The member states of the European Free Trade Association (EFTA) and the Southern African Customs Union (SACU) ne- gotiated a free trade agreement (FTA) in order to improve their relationship and market access. The agreement was signed in June 2006 and came into force on 01 May 2008. EFTA mem- ber states do not have mutual agricultural policies and there- fore they were unable to develop one agricultural offer to SACU. Instead each individual EFTA state (Switzerland and Liechtenstein signed one agreement) had to sign an agree- ment with SACU which gave rise to three complimentary bilat- eral agreements covering basic agricultural products falling within HS chapters 1 to 24.
