ISDS Case Map
SACU
Southern Africa Customs Union
India and South African nations are expected to conclude a preferential trade agreement by the end of this year, aimed at reducing tariffs on certain items traded between the two sides.
Union Commerce, Industry and Textiles Minister nand Sharma and Rob Davies, Minister of Trade and Industry of South Africa, reviewed the India- Southern African Custom Union (SACU) Preferential Trade Agreement (PTA) negotiations in Johannesburg today.
Chile views the recently finalised memorandum of understanding (MoU) on the creation of a Joint Trade and Investment Commission with South Africa as the starting point for the negotiation of a preferential trade agreement (PTA) with the Southern African Customs Union (Sacu).
India is expected to sign the much-awaited preferential trade agreement (PTA) with South Africa Customs Union (SACU) by the first quarter of 2012, as both sides are currently engaged in active negotiations on seeking greater access of each others’ markets and easier movement of professionals.
The country's draft policy on industrialisation is finally ready for public discussion after years of private sector grousing over its absence and the consequent devastating effects on Namibia's overall market competitiveness.
The global economic crisis, along with other evolving structural factors within SACU, could cut a P5-billion permanent hole in revenues that Botswana receives from the customs union, the IMF estimates.
The Deputy Minister of Trade and Industry, Tjekero Tweya, tabled a motion in Parliament on Thursday for the ratification of a preferential trade agreement (PTA) between the Southern African Customs Union (Sacu) and South America's trade bloc, called the Common Market of the South (Mercosur).
Southern African Development Community (SADC) Economic Partnership Agreement (EPA) negotiations are ongoing while efforts are at an advanced stage to consolidate and harmonise market access arrangements for the Southern African Customs Union (SACU), reported Deputy Minister of Trade and Industry Tjekero Tweya in Parliament last Thursday.
After Look East, India is now adding a 'Focus West' chapter to its trade policy. Under increasing pressure from China, especially in Africa, New Delhi is now moving ahead with plans to sign three comprehensive economic partnership agreements (CEPA) that would include free trade pacts in goods and services. In addition, the government has started work on upgrading its preferential trade agreement (PTA) with Mercosur”comprising Brazil, Argentina, Uruguay and Paraguay”commerce & industry minister Anand Sharma said.
The position taken by Namibia with regard to the signing of the Interim Economic Partnership Agreement (EPA) is commendable and should be a guiding principle for further negotiating trade agreements between Africa and the rest of the world.
