ISDS Case Map
SACU
Southern Africa Customs Union
The Southern African Customs Union is close to finalising a deal with the UK to replicate the existing economic partnership agreement which the customs union has with the EU, says South African trade and industry minister.
Progress was made on a future UK, SACU, and Mozambique EPA that will ensure that the parties maintain the current market access and replicate the effects of the existing EU-SADC EPA.
The Southern African Customs Union, Mozambique and the European Union have started talks to conclude a new economic partnership agreement with post-Brexit Britain.
Various steps have been taken by the Indian Government to enhance trade and commercial relations with African countries.
The United Kingdom has reaffirmed its commitment to continue trading with SADC EPA countries under the current trade arrangement despite its withdrawal from the European Union (EU).
Nations agree in principle to implement interim arrangement based on existing EU partnership deal.
South Africa pressed for revival of the negotiations for the proposed preferential trade agreement between India and five-nation Southern African Customs Union (SACU).
The agreement aims at reducing tariffs for certain products. Tariffs are customs duties on merchandise imports.
SACU has not lived up to the promises of the 2002 Agreement. The failure to fully implement that Agreement has resulted in a regional arrangement in limbo and policy paralysis.
A new Free Trade Agreement between MERCOSUR and the Southern Africa Customs Union (SACU) entered into force on 1 April 2016, providing preference margins of 10%, 25%, 50% and 100% for almost 1,050 tariff items on each side.
