This was to witness the opening up of an ossified apartheid-era economy through sweeping trade liberalisation, exemplified by the 1999 European Union (EU)-South Africa Trade, Development and Co-operation Agreement, under which 90% of EU-South Africa trade was freed under an asymmetric tariff phase-down arrangement, the partial privatisation of major state-owned entities (Telkom, South African Airways and the Airports Company South Africa) and, at the end of the Mbeki presidency, an ambitious, but still incomplete, programme to establish a Southern African Development Community (Sadc) common market, modelled on the EU, through the 2006 Sadc Protocol on Finance and Investment that came into force in 2010. 

Available at: http://www.bdlive.co.za/opinion/2014/01/16/diluting-foreign-investors-protection-makes-no-sense