On 5
November 2002 the United States and the countries of
the Southern African Customs Union (SACU) -
Botswana, Lesotho, Namibia, South Africa and
Swaziland - announced that they would begin
negotiations towards a free trade agreement.
This agreement would build upon economic relations
fostered under the 2000 U.S. African Growth and
Opportunity Act (AGOA).
In January 2003 a plan was set out for the
upcoming negotiations. Negotiations were launched in
Pretoria, South Africa on 2 June 2003. The second
round of negotiations was held in Johannesburg in
August 2003; the third round was held in Washington
D.C. in October 2003; the fourth round in Walvis
Bay, Namibia in February 2004 and the fifth round in
Atlanta Georgia in June 2004. Negotiations were suspended in April 2006. In November 2006, the United States and SACU agreed to pursue a trade and investment and development cooperation agreement that could lead to a possible FTA in the longer term. The United States-Southern African Customs Union Trade, Investment and Development Cooperation Agreement (TIDCA) was signed on 16 July 2008.
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