Describes trade agreements this country is a party to. Includes resources where U.S. companies can get information on how to take advantage of these agreements.
African Continental Free Trade Area (AfCFTA) – Namibia is one of the 31 African Union member states which have ratified the African Continental Free Trade Area (AfCFTA). The agreement aims to accelerate intra-African trade, and to boost Africa’s trading position in the global market. The agreement initially requires members to remove tariffs from 90 percent of goods, allowing free access to commodities, goods, and services across the continent. The United Nations Economic Commission for Africa estimates that the agreement will boost intra-African trade by 52 percent by 2022.
Southern African Customs Union (SACU) - Namibia is a member of the Southern African Customs Union (SACU). SACU ensures the free movement of goods among member states, Namibia, Botswana, Lesotho, ESwatini and South Africa. SACU website: https://www.sacu.int/.
SACU-EFTA Free Trade Agreement – This agreement was concluded in 2004.
SADC Protocol on Trade – Namibia is a member of the Southern African Development Community (SADC). This agreement was concluded in 1999.
SACU-Mercosur Preferential Trade Agreement – This agreement was signed in December 2004. Namibia ratified the agreement in 2012 and the agreement entered into force in 2016. The Mercosur members are Argentina, Brazil, Paraguay and Uruguay. SACU website: https://www.sacu.int/.
SACU-USA Trade, Investment and Development Cooperation Agreement – This agreement was concluded in 2008. SACU website: https://www.sacu.int/.
AGOA - Namibia qualifies for benefits under the African Growth and Opportunity Act (AGOA), a unilateral and non-reciprocal program that provides African countries with duty-free access to the U.S. market for more than 6,400 products. For more information on AGOA, visit: https://agoa.info/
SADC Free Trade Agreement - The Southern African Development Community (SADC) aspires to create an integrated regional economic bloc among member states Namibia, Angola, Botswana, the Democratic Republic of Congo, Lesotho, Malawi, Mauritius, Mozambique, South Africa, ESwatini, Tanzania, Zambia, and Zimbabwe. SADC has a population of over 190 million people. The SADC FTA was launched by 12 countries out of 14 SADC members (excluding Angola and DRC) in 2008. For more information about SADC, visit: https://www.sadc.int/.
SADC Economic Partnership Agreement – In June 2016, six SADC member countries – Botswana, Lesotho, Mozambique, Namibia, South Africa, and ESwatini – signed an Economic Partnership Agreement (EPA) with the European Union. https://ec.europa.eu/trade/policy/countries-and-regions/regions/sadc/.
Namibia also has bilateral agreements with Angola, Tunisia, Zimbabwe, Cuba, Ghana, India, Malaysia, and Russia.
For more information on trade agreements, contact:
The Ministry of Industrialization and Trade(MTI)