BUSINESS AND INVESTMENT
INVESTMENT AND TRADE
WHERE TO START?
Eswatini is open for and means business! It is open for investment and
trade, both in goods and services. The Eswatini Investment Promotion
Authority (EIPA) is the gateway to understanding investment and trade
in the Kingdom and is ready to indulge investors in ensuring that they
comprehend the pointers to help them make good investment decisions.
The EIPA articulates investment priority sectors, incentives availed,
including special economic zones (SEZs), export and import
opportunities, among other services … be linked at
https://investeswatini.org.sz/.
SUPPORT
THE MINISTRY OF COMMERCE, INDUSTRY AND TRADE AND BUSINESS ESWATINI :
You are not left an ‘orphan’ after you have made a good investment
decision, but the Ministry of Commerce, Industry and Trade and
Business Eswatini remain your companions in ensuring a good and
enabling environment. They also present investment and trade
opportunities, enhance export competitiveness, facilitate the ease of
doing business, as well as promote and defend your interests, among
other pertinent services… be linked at: https://itdswaziland.org
(International Trade Department) and at
https://business-eswatini.co.sz/ (Business Eswatini).
ESWATINI TRADE INFORMATION PORTAL (ETIP) :
This is a one-stop shop for all trade-related information. It aims at facilitating trade and reducing the cost of trade through provision of all information on laws and regulations; licenses and permits; tariff rates (customs duties); technical standards; regulatory obligations relating to
export, import or transit of goods; means of transport; and
information relating to international, regional and bilateral trade
agreements to which Eswatini is a party, among others… explore the
link at https://www.eswatinitradeportal.com.
EXPORT MARKETS – REGIONAL, CONTINENTAL AND INTERNATIONAL BILATERAL TRADE ARRANGEMENTS/AGREEMENTS PREFERENTIAL MARKET ACCESS :
The Kingdom of Eswatini is a member of several regional and international trade arrangements that provides preferential market access to its members, in the form of reduced
customs duties (tariffs) or free of duty (duty free) on goods
originating from Member States. Further, in some of these preferential
markets, originating goods can be imported in unlimited quantities and
without paying tariffs, that is quota-free and duty-free. It is
however, important to underline that the basic condition for the goods
to qualify for preferential market access is the observance of the
rules of origin (RoO), that is, the goods are wholly produced or
sufficiently processed in the country of origin (Eswatini in this
case). The various trading arrangements constitute: “preferential
trade areas (PTAs)”; “free trade areas (FTAs)”; and “Customs
Unions (CUs)”.
_PREFERENTIAL MARKETS WHERE ESWATINI HOLDS MEMBERSHIP_W REGIONAL :
They include the Southern African Customs Union (SACU); the Southern
African Development Community (SADC) – a FTA; the Common Market for
Southern and Eastern Africa (COMESA) – a FTA; and the Tripartite
Free Trade Area (TFTA).
CONTINENTAL :
The African Continental Free Trade Area (AfCFTA) to promote
intra-Africa trade.
INTERNATIONAL :
These include the SACU–European Free Trade Association (EFTA) – a
FTA; the SACU-Southern Common Market (MERCOSUR) – a FTA; the
Economic Partnership Agreements (EPAs) with the European Union (EU)
and the United Kingdom (UK) – a FTA; the USA African Growth
Opportunity Act (AGOA) – PTA; and the Generalized System of
Preferences (GSP) – a PTA.
BILATERAL :
There are also bilateral arrangements Eswatini have concluded enabling
goods originating from Eswatini to receive trade preferences when
imported in these countries, and it includes the Economic Cooperation
Agreement (ECA) with Taiwan, among others.
MULTILATERAL :
The Kingdom of Eswatini is a member of the World Trade Organization
(WTO), therefore, benefitting from the Most Favored Nations (MFN)
principles of non-discrimination treatment principle.