A trade agreement is a formal agreement (contract) between two or more countries on the treatment of goods and services to be supplied from one country to another and vice versa. The scope of the trade agreements covers a wide range of topics, namely: Zimbabwe is a member of the Southern African Development Community (SADC), a group of 16 members that has begun to explore stronger economic and trade cooperation and possible regional economic integration. It is part of the Preferential Trade Zone (PTA) of Eastern and Southern Africa, which provides for reduced tariffs on imports from member countries subject to certain rules of origin. Zimbabwe has trade agreements with Namibia, Botswana and South Africa. Before exporting, traders must register with the BURS (Customs & Excise Division – Regional Office) and receive a certificate of origin (Form 61) for each shipment. Registration requirements. Describes the bilateral and multilateral trade agreements in which this country participates, including with the United States. Contains websites and other resources where U.S. companies can learn more about how to use these agreements. ATTENTION: Before entering into a commercial contract with a foreign client, make sure you understand the agreement(s) that govern trade between Zimbabwe and the target market. Zimbabwe has signed trade agreements with various countries to facilitate trade with the international business community. According to the annex to the Botswana-Zimbabwe trade agreement, when goods are produced from materials from one of the two trading partners, the manufacturing process must change the nature of the goods concerned.
What is also taken into account is that the last manufacturing process should take place in Botswana. The potential registrant is then asked to provide cost data for the purpose of calculating the local content of goods in trade. ZimTrade national website (This site is selected by the Zimbabwean delegation). Hover over a dispute number in the following table to display the title of the dispute. Click on the dispute number to go to a page with detailed information about this dispute. On this page you will find important information about Zimbabwe`s participation in the WTO. Zimbabwe has been a member of the WTO since 5 March 1995 and a member of GATT since 11 July 1948. . Read ZimTrade`s Guide to Trade Agreements Zimbabwe also officially joined the African Continental Free Trade Area (AfCFTA) in February 2020, which aims to create a single continental market for goods and services, ultimately leading to the creation of a customs union. For the purposes of the Botswana-Zimbabwe Trade Agreement, goods originating in one of the trading partners are exempt from payment of customs duties provided that the goods have a local content of at least 25%. Excise duties and local taxes, such as VAT.
B, are due and payable where applicable. . Distributors (manufacturers or their representatives and wholesalers) wishing to export to Zimbabwe under this trade agreement must register with BURS – Customs and Excise Division (Regional Office). Before registering, BURS visits the potential registrant`s facility to determine if all registration requirements have been met. If the local contents of the goods meet the minimum requirements of 25%, the company will be registered for export to Zimbabwe and will receive a registration number. Companies that trade products of complete origin can benefit from automatic registration without going through the process of determining local content. Read more about Zimbabwe`s Bilateral Trade Agreements See the TPR Gateway for explanations and information. .