Since the end of South Africa's apartheid, EU South African relations have flourished and they began a "Strategic Partnership" in 2007. In 1999 the two sides signed a Trade, Development and Cooperation Agreement (TDCA) which entered into force in 2004, with some provisions being applied from 2000. The TDCA covered a wide range of issues from political cooperation, development and the establishment of a free trade area (FTA).[1] The liberalisation schedules were completed by 2012.[4] Since the signing of the Agreement, trade in goods between the two partners has increased by more than 120%, and foreign direct investment has grown five-fold.[4]
Tradeedit
South Africa is the EU's largest trading partner in Southern Africa and has a FTA with the EU. South Africa's main exports to the EU are fuels and mining products (27%), machinery and transport equipment (18%) and other semi-manufactured goods (16%). However they are growing and becoming more diverse. European exports to South Africa are primarily machinery & transport equipment (50%), chemicals (15%) and other semi-machinery (10%).[4]
^ abcdBilateral relations South Africa, European Commission
External linksedit
Outlook on Europe: South Africa’s Relations with the European Union Since the End of Apartheid
April 14, 2024
south, africa, european, union, relations, european, union, strong, cultural, historical, links, south, africa, particularly, through, immigration, from, netherlands, ireland, germany, france, greece, south, africa, biggest, investor, european, union, south, a. The European Union EU has strong cultural and historical links to South Africa particularly through immigration from the Netherlands Ireland Germany France and Greece and the EU is South Africa s biggest investor 1 South Africa European Union relationsEuropean Union South Africa Contents 1 Comparison table 2 Agreements 3 Trade 4 South Africa s foreign relations with EU member states 5 See also 6 References 7 External linksComparison table edit nbsp European Union nbsp South AfricaPopulation 447 706 209 58 775 022Area 4 475 757 km2 1 728 099 sq mi 1 221 037 km2 471 445 sq mi Population Density 117 2 km2 303 5 sq mi 42 4 km2 109 8 sq mi Capital Brussels PretoriaGovernment Supranational and intergovernmental union Unitary dominant party parliamentary constitutional republicCurrent leader Council President Charles Michel Commission President Ursula von der Leyen President Cyril Ramaphosa Deputy President David MabuzaOfficial Languages 24 official languages of which 3 considered procedural English French and German 2 11 official languages English Afrikaans Sepedi Sesotho Setswana siSwati Tshivenda Xitsonga isiNdebele isiXhosa isiZuluMain Religions 71 6 Christian45 3 Roman Catholic11 1 Protestant9 6 Eastern Orthodox5 6 other Christian24 No religion1 8 Muslim2 6 other faiths 3 Ethnic Groups Germans ca 80 million French ca 67 million Italians ca 60 million Spanish ca 47 million Poles ca 46 million Romanians ca 16 million Dutch ca 13 million Greeks ca 11 million Portuguese ca 11 million 80 7 Black African 8 8 Coloured 7 9 White 2 6 AsianGDP nominal 16 477 trillion 31 801 per capita 369 854 billion 6 193 per capitaAgreements editSince the end of South Africa s apartheid EU South African relations have flourished and they began a Strategic Partnership in 2007 In 1999 the two sides signed a Trade Development and Cooperation Agreement TDCA which entered into force in 2004 with some provisions being applied from 2000 The TDCA covered a wide range of issues from political cooperation development and the establishment of a free trade area FTA 1 The liberalisation schedules were completed by 2012 4 Since the signing of the Agreement trade in goods between the two partners has increased by more than 120 and foreign direct investment has grown five fold 4 Trade editSouth Africa is the EU s largest trading partner in Southern Africa and has a FTA with the EU South Africa s main exports to the EU are fuels and mining products 27 machinery and transport equipment 18 and other semi manufactured goods 16 However they are growing and becoming more diverse European exports to South Africa are primarily machinery amp transport equipment 50 chemicals 15 and other semi machinery 10 4 EU South Africa trade in 2013 4 Direction of trade Goods Services Investment stocksEU to South Africa 24 5 billion 7 2 billion 41 8 billionSouth Africa to EU 15 6 billion 4 5 billion 7 7 billionSouth Africa s foreign relations with EU member states edit nbsp Austria nbsp Belgium nbsp Bulgaria nbsp Croatia nbsp Cyprus nbsp Czech Republic nbsp Denmark nbsp Estonia nbsp Finland nbsp France nbsp Germany nbsp Greece nbsp Hungary nbsp Ireland nbsp Italy nbsp Latvia nbsp Lithuania nbsp Luxembourg nbsp Malta nbsp Netherlands nbsp Poland nbsp Portugal nbsp Romania nbsp Slovakia nbsp Slovenia nbsp Spain nbsp SwedenSee also editForeign relations of the European Union Foreign relations of South Africa African Caribbean and Pacific Group of StatesReferences edit a b South Africa European External Action Service European Commission PRESS RELEASES Press release Frequently asked questions on languages in Europe europa eu Retrieved 2017 06 24 DISCRIMINATION IN THE EU IN 2015 Special Eurobarometer 437 European Union European Commission 2015 retrieved 15 October 2017 via GESIS a b c d Bilateral relations South Africa European CommissionExternal links editEU delegation to South Africa South Africa European Commission Aid and Development Outlook on Europe South Africa s Relations with the European Union Since the End of Apartheid Retrieved from https en wikipedia org w index php title South Africa European Union relations amp oldid 1186368466, wikipedia, wiki, book, books, library,
