- Title
- Regional trade agreements and South-South FDI: potential benefits and challenges for SACU-MERCOSUR investment relations
- Creator
- Cattaneo, Nicolette S
- Subject
- To be catalogued
- Date
- 2009
- Type
- text
- Type
- article
- Identifier
- http://hdl.handle.net/10962/470256
- Identifier
- vital:77341
- Description
- In December 2004, the countries of the Common Market of the South (MERCOSUR) and the Southern African Customs Union (SACU) 1 signed an initial preferential trade agreement (PTA) as a step towards the eventual formation of a free trade area. The PTA was expanded and consolidated during subsequent negotia-tions that took place between 2004 and 2008, and the new agreement, signed by SACU ministers in April 2009 and MER-COSUR in December 2008, is expected to enter into force at the beginning of 2010. At present, the PTA provides for preferences on a limited range of products, and includes annexes relating to rules of origin, safeguards, dispute settlement, sanitary and phy-tosanitary measures and customs administration. 2 While trade between MERCOSUR and SACU comprises only a small propor-tion (1-2%) of each bloc’s total trade, bilateral trade has trebled since 2001 (Woolfrey, 2009). From SACU’s perspective, this trade largely involves the export of primary products in exchange for higher value-added goods from MERCOSUR, effectively reinforc-ing North-South trade patterns (Roberts, 2004: 10). 3 The ra-tionale for the PTA thus appears to rest on trade and investment potential and, more broadly, on growing moves to intensify South-South trade and investment cooperation. Such moves have gath-ered momentum with the increasing influence of emerging econ-omies such as the BRIC.
- Format
- 43 pages, pdf
- Language
- English
- Relation
- Monitoring Regional Integration in Southern Africa Yearbook, Cattaneo, N., 2009. Regional trade agreements and South-South FDI: potential benefits and challenges for SACU-MERCOSUR investment relations. Monitoring Regional Integration in Southern Africa Yearbook, Monitoring Regional Integration in Southern Africa Yearbook volume 2009 number 1 1 43 2009
- Rights
- Publisher
- Rights
- Use of this resource is governed by the terms and conditions of the publisher
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Collections
Cattaneo, Nicolette Sylvie (Ms)
SDG 08. Decent Work and Economic Growth
RU Department of Economics and Economic History
| Thumbnail | File | Description | Size | Format | |||
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| View Details | SOURCE1 | Regional trade agreements and South-South FDI.pdf | 365 KB | Adobe Acrobat PDF | View Details |