Angola’s Trade Minister, Rosa Pacavira, will coordinate the technical group responsible for negotiating and applying Southern African Development Community (SADC) trade agreements in Angola, according to Angolan news agency Angop.
The technical group, which will negotiate and apply the protocol is charged with preparing, alongside the SADC National Commission, “Angola’s negotiation strategy,” for the protocol on trade within the community.
Angola has delayed joining the SADC Free-Trade Zone (FTZ), and is only expected to do so in 2017, according to a statement from Pacavira at the beginning of the year.
The FTZ was launched in August 2007 in Johannesburg at the 28th SADC Summit and was joined by South Africa, Botswana, Lesotho, Malawi, Mauritius, Mauritania, Mozambique, Namibia, Swaziland, Tanzania, Zambia, Zimbabwe and Madagascar. The countries that did not join were Angola, the Democratic Republic of Congo and the Seychelles.
The aim is to boost economic integration and rapid industrialisation of this sub-region of Africa by expanding business opportunities and gradually removing obstacles to trade. (macauhub/AO)