|Members||Angola – Botswana – Lesotho – Malawi – Mauritius – Mozambique – Namibia – South Africa – Swaziland – Tanzania – Zambia – Zimbabwe|
|Type of agreement||Multilateral Free Trade Agreement|
|Date of signature||August 24, 1996|
|Key points||1. Most customs duties had been eliminated on goods from the participating Member States (i.e. about 85% of goods attained zero duty in January 2008) and a Common Tariff System was applied to import of goods from non-Member States.|
2. External tariff against non-member countries to the free internal trade within the area. The eventual goal is a SADC Common Market, which has the benefits of free internal trade, a common tariff, and free movement of labour and capital among Member States.
3. Gradual elimination of customs duties on 85% of tariff lines by 2008 and with tariffs on the remaining ‘sensitive products’ being eliminated by 2012.
For more details, kindly check the link in references.
|1. SADC Trade Agreement, accessed November 2020, https://www.sadc.int/about-sadc/integration-milestones/free-trade-area/|
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