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Article: EU/SOUTH AFRICA: FREE TRADE PACT CLINCHED AT LAST.
- Article from:
- European Report
- Article date:
- February 3, 1999
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Summary:The European Union and South Africa both hailed their Trade and Cooperation Agreement on February 1 after four years of negotiations finally resulted in a compromise deal. The Agreement was initialled on January 29 following a final round of talks, this time in Davos, Switzerland, between European Development Commissioner Jo_o de Deus Pinheiro and South African Trade and Industry Minister Alec Erwin. Brussels and Pretoria both welcomed the tariff-cutting deal as a spur to trade between the regions and a harbinger of a new relationship between the EU's solid trade and monetary bloc and the post-apartheid South Africa.
Although Mr Pinheiro's spokeswoman ...