4. Emphasize the importance of private sector trade and investment initiatives as sources of prosperity and means to promote economic development. Learn about Canada`s trade and investment agreements: types of agreements and how trade and investment agreements evolve in stages. 3. The Advisory Group shall meet at regular intervals, usually every 18 months. Meetings of the Advisory Group alternate between Canada and South Africa, as agreed by the Parties. The meetings of the Consultative Group shall be chaired by the host Party. The entire trading partnership is on a positive trajectory with a total trade volume in 2016 of R10.7 billion (exports + imports). South Africa`s exports amounted to R5.6 billion, up from R5.1 billion in 2015, while imports increased from R5.8 billion in 2015 to R5.1 billion. Discover new ways to expand your international presence. Canada`s extensive (and growing) trade network provides Canadian businesses with preferential access to a variety of markets around the world. On this page, you can explore Canada`s Free Trade Agreement (FTA), Foreign Investment Promotion and Protection Agreements (FIPA), Plurilateral Agreements and World Trade Organization (WTO) Agreements.
Note: The contract texts on this page are for informational purposes only; official treaty texts are published in canada`s Treaty Series. Canada`s relations with South Africa date back to 1899, when Canada sent more than 7,000 troops to support Britain in its war against the Transvaal and the Free State. The two countries worked closely together to transform the British Empire into a Commonwealth, exchanging high commissioners in the 1930s and then ambassadors after South Africa left the Commonwealth in 1961. For a good account of this history, see Brian Douglas Tennyson, “Canadian Relations with South Africa: A Diplomatic History,” published by University Press of America in 1982. Canada actively campaigned for an end to apartheid in South Africa and countries have enjoyed normal relations ever since. The Constitution of South Africa was inspired in part by the Constitution of Canada, in particular the Canadian Charter of Rights and Freedoms. Former South African President Nelson Mandela paid an official state visit to Canada in September 1998 and spoke at the Human Rights Monument in Ottawa. Mandela was named an honorary Canadian citizen on his second visit to Canada. A visit by President Thabo Mbeki in November 2003 and 2003 concluded with the signing of the Memorandum of Understanding to strengthen relations between the two countries.
7. Identification of a potential area of trade and investment that could increase trade flows between countries and to third markets. 2. South Africa has a modest but well-established trade relationship with Canada. South Africa is Canada`s third largest trading partner in sub-Saharan Africa and is considered the continent`s gateway. In order to promote the expansion of bilateral trade and investment relations, the Parties shall take initiatives in areas such as those set out in the Action Plan annexed to this Agreement: Canada established diplomatic relations with South Africa in 1939. In South Africa, Canada maintains a High Commission in Pretoria (which is simultaneously accredited to Lesotho, Madagascar, Mauritius and Namibia) and a trade office in Johannesburg. In Canada, South Africa has a High Commission in Ottawa, a Consulate General in Toronto and Honorary Consuls in Vancouver and Sudbury. Canada and South Africa enjoy a deep and broad relationship based on shared values such as democracy, security and prosperity. Canada`s anti-apartheid efforts within the Commonwealth in the 1980s and our support for building a multi-ethnic, multiracial and democratic society in South Africa strengthened relations between our countries. Canadian and South African experts worked closely together to draft South Africa`s first democratic constitution.
Bilateral consultations between the two countries take place annually and generally focus on issues of foreign policy, trade, defence and economic development. [3] As one of the continent`s most diversified and important economies, South Africa is a destination of choice for Canadian goods and services in Africa. .
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