As part of the agreement, the parties grant and guarantee adequate, effective and non-discriminatory protection of intellectual property rights (patents, copyrights, commercial drawings, undisclosed information, geographical indications) and guarantee the application of these rights against infringements (counterfeiting, piracy). These obligations are based on existing international agreements. The parties undertake to re-examine this chapter with a view to gradually harmonizing the intellectual property regulatory framework (Article 26). Trade in agricultural commodities is covered by bilateral agreements between each EFTA state and SACU. These agreements, which are part of the free trade area`s instruments, are also asymmetrical and allow SACU to improve preferential treatment in EFTA markets, beyond existing preferential regimes. (Agricultural agreement between Iceland and SACU, agricultural agreement between Norway and SACU and agricultural agreement between Switzerland and SACU). For more information on the various SACU agreements, see the saCU`s official website on the www.sacu.int/index.php Parties can hold consultations and, in the absence of agreement, apply interim measures. Each party may refer a dispute over the interpretation of the rights and obligations of the agreement to a binding arbitration procedure if the consultations do not result in a solution (Articles 35-37). Consistent with the stated objective (as set out in the preamble to the agreement) to promote economic and social development in SACU states with the support of EFTA states, the agreement contains comprehensive provisions on economic cooperation and technical assistance. In the spirit of promoting economic cooperation, EFTA states are committed to providing technical assistance to SACU states to help them implement the agreement. The parties will also coordinate efforts with relevant international organizations. Aid will focus on information exchange, transfer of expertise and training in trade policy, trade facilitation and trade promotion; Customs and origin issues; technical rules, standards and compliance assessments, as well as health and plant health measures; Local business development; regulatory support and implementation of legislation in areas such as services, investment, intellectual property and public procurement (Articles 30-32). The agreement provides for liberal rules of origin and authorizes the use of 60% of non-native products in the manufacture of certain products (Annex V).
It also contains provisions for mutual assistance in customs matters. With regard to public procurement, the parties will exchange information and work together to improve understanding of their respective markets. No later than five years after the agreement enters into force, the issue of reciprocal liberalisation of the parties` public procurement is addressed (Article 29). . For EFTA-SACU trade statistics, see the AELE Trade Statistics Tool The ambitious project to develop a free trade agreement between India, Brazil and South Africa (IBSA) could actually focus on India, Mercosur and SACU. A joint committee, made up of representatives from EFTA and SACU states, will oversee and manage the implementation of the agreement (Articles 33-34). Appendixes of the preferential trade agreement: Appendix I Appendix II Appendix III Appendix IV Appendix V The preferential trade agreement between the Southern Common Market (MERCOSUR) and the Southern African Customs Union (SACU) was signed on 15 December 2008 in Salvador, Brazil. 03, 2009 in Maseru, Lesotho. Published in Communication R.800 in GG 26537 of 2 July 2004 As a customs union, members set up a common external tariff with third countries and do not impose tariffs on trade between them.