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SACU


Southern Africa: Free trade area between SACU and EU
Namibia’s Minister of Trade and Industry has been instructed by Cabinet to table a trade agreement between southern Africa and the European Union in the National Assembly for ratification.
Textile industry face misty future
How time flies! It seems like yesterday when Malawi was celebrating the extension of its free market access to the Southern African Customs Union (Sacu) for textiles but now the country only has 25 days before the deal expires.
NMA seeks fair trade within Sacu
The Namibian Manufacturers’ Association (NMA) has spoken out against competition issues and unfair trade practices in the Southern African Customs Union (Sacu).
SA fends off EU deals for SACU partners
South Africa is resisting European Union (EU) efforts to treat it differently from its southern African neighbours — a move which could result in the country getting less market access for its exports.
Sacu-US to pursue scaled-back trade talks after FTA process ceases
The South African Customs Unions (Sacu) has formally accepted an offer made by the US government to progress a so-called trade and investment cooperation agreement (Tica), following the breakdown of the more ambitious free-trade agreement (FTA) talks earlier in the year.
US all-or-nothing position derails free trade talks
Negotiations towards a free trade agreement with the US have "all but come to a halt", according to Tshediso Matona, the director-general of South Africa’s department of trade and industry.
SD in dilemma over 2008
Swaziland’s private sector has raised concern on which direction the country would take in 2008 when the Common Market for East and Southern Africa (COMESA) assumes a customs union status.
COMESA, SACU-main vehicles for trade
The Federation of Swaziland Employers and Chamber of Commerce (FSE & CC) has commended the country for its alignment with economic groupings for access to international trade.
India studying FTAs for unilateral trade preference to all LDCs
India has undertaken a study of its existing free trade agreements (FTAs) like Safta and the proposed ones like Asean FTA and Southern African Customs Union FTA.
Joint declaration of first IBSA Summit
The Prime Minister of India, H.E. Manmohan Singh, the President of Brazil, H.E. Luiz Inácio Lula da Silva, and the President of South Africa, H.E. Thabo Mbeki, expressed their full support and commitment to the expeditious establishment of the Working Group to focus on the modalities for the envisaged India-Mercosur-SACU Trilateral Free Trade Agreement (T-FTA).
South Africa: Trade Beat
After a lull in the first half of the year, there appears to be movement on various fronts of SA’s trade agenda.
A common thread of cynicism
After numerous stakeholder inquiries and intense media commentary, government has finally revealed how it intends to effect the textile and clothing agreement concluded with China in June.
Tanzania turns to Southern African Customs Union
Tanzania is likely to enter into a trade agreement with the Southern African Customs Union (SACU) allowing the East African nation to export textile and clothing material on preferential terms within the trading bloc’s countries.
Doha lull ‘gives SA time to finalise policy’
The stalled Doha negotiations would give SA a valuable opportunity to strengthen technical consultation and tighten relations in the Southern African Customs Union (Sacu) before the trade talks were resumed, SA’s chief trade negotiator, Xavier Carim, said yesterday.
Decks for FTA with SACU cleared
The Cabinet on Thursday cleared a proposal for a framework agreement aimed at promoting expansion of trade and providing a mechanism to negotiate a Comprehensive Free Trade Agreement (CFTA), within a reasonable time, for cooperation between India and the South Africa Customs Union (SACU).
First EFTA free trade agreement in sub-Saharan Africa
The Member States of the European Free Trade Association (EFTA, comprising Iceland, Liechtenstein, Norway and Switzerland) and the Southern African Customs Union (SACU, comprising Botswana, Lesotho, Namibia, South Africa and Swaziland) signed a free trade agreement on 1 July 2006.
US seeking new trade pacts with Africa
After calling off negotiations on a Free Trade Agreement (FTA) with five Southern African countries last month, the US has indicated its intentions to negotiate new trade arrangements with several African countries including Kenya, Mauritius, Mozambique and Ghana.
Sacu undecided on textile deal
What a blow. The Southern African Customs Union (SACU) has not yet made up its mind on extension of the duty-free market access for four textiles and garment exporting countries, including Malawi, Economic Report has learnt.
Cooperation between SADC and SACU
The Executive Secretary of the Southern African Development Community, Dr Tomaz Augusto Salomao, says exchanges made during his meeting with the Southern African Customs Union Executive Secretary, Tswelopele Moremi, will increase cooperation between SADC and SACU.
US-Southern Africa free trade pact seen unlikely
The United States and Southern African nations are unlikely to clinch a free trade agreement but will continue talks at a lower level, South Africa’s trade minister said.