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Development Through Trade
Institutional development is considered important in empowering the Southern African Customs Union’s (Sacu’s) secretariat to play a significant role in regional policy development and the associated policy-making structures.
SA Customs Union may resume talks with the US
A high-ranking government official has hinted that the Southern African Customs Union (Sacu) may resume free trade talks with the US following the election of Democratic candidate Barack Obama to America’s high office. Trade and Industry Director-General, Tshediso Matona, says Obama’s election can result in a mutually beneficial trade term with the US.
Sacu spells out its nuanced position on EPAs
Technical issues and demands by the EU such as the automatic extension to the EC of future trade benefits given to third countries, export taxes, the integrity of the common external tariff of Sacu, the movement of goods between members of the proposed free trade area and infant industry protection are Sacu’s major concerns.
Day of reckoning for customs union’s fate
The Southern African Customs Union (Sacu) council of ministers is gathering in Windhoek today for a meeting that is likely to be dominated by the acrimonious Economic Partnership Agreement (EPA) negotiations with the European Union (EU).
Policy delay hits textile industry
Policy paralysis in the Southern African Customs Union (Sacu) is compounding problems for the region’s struggling clothing and textiles industry.
Lefhoko urges entrepreneurs to look beyond SACU
The Assistant Minister in the Ministry of Trade and Industry, Duke Lefhoko, has urged manufacturers to widen their marketing scope beyond the Southern African Customs Union (SACU), given the impending new trade arrangements that Botswana is negotiating with other countries.
EPAs: The new game of divide and rule
It will be critical in the coming months to mobilise resistance to the implementation of the Interim EPA in its current format and thereby strengthen the Namibian Government’s hand not to sign a final EPA with the EU. Namibia should also link up with African and international campaigns against EPAs, which have emerged in the past few years. The battle is not lost but there is little time left to prevent EPAs from becoming a new and powerful tool to promote EU interests at the expense of Africa’s development needs. A new publication from the Labour Resource and Research Institute (LaRRI).
SADC not ready for customs union: Tralac
Business chambers from southern Africa believe that talk of a single Southern African Development Community (SADC) Customs Union - that would replace the Southern African Customs Unions (SACU) and Common Market for Eastern and Southern Africa (Comesa) - is premature until a SADC Free Trade Area (FTA) is fully in place.
US signs trade pacts with African countries
The United States signed a pair of agreements on Wednesday to boost trade and investment ties with countries in southern and eastern Africa, the US Trade Representative’s office said.
US, African countries sign first trade agreement
Trade ministers from the United States and the Southern African Customs Union (SACU) signed Wednesday their first Trade, Investment and Development Cooperation Agreement (TIDCA).
Trade Accord Boosts Latin America Ties
While acrimony persists over trade talks with the European Union (EU), the Southern African Customs Union (Sacu) has had a breakthrough with bilateral negotiations with the Latin American trade bloc Mercosur.
Mercosur signs trade deals with SACU, Turkey, Jordan
Leaders of the South American trade bloc Mercosur meeting at a summit in Argentina have signed trade agreements with the Southern African Customs Union, as well as with Turkey and Jordan.
Sacu, EU to sign interim economic partnership agreement next week
The Southern African Customs Union plans to sign an interim economic partnership agreement with the European Union next week. At the end of 2007, Botswana, Lesotho, Namibia and Swaziland had all decided to initiate an Interim EPA with the EU, but South Africa had decided against. The union on Friday said all five of its members were now working together, and that the union intended to sign an interim EPA with the EU by July 1.
Secretariat powers SACU to new heights
The executive secretary of the Southern African Customs Union (SACU) Tswelelopele Moremi has said the organisation has achieved a lot since the establishment of its secretariat.
Ministers of customs union meet in Botswana this week
Trade and finance ministers of the five-nation Southern African Customs Union (Sacu) will meet in Botswana tomorrow to discuss deeper regional integration and challenges like the pending trade agreement with the European Union.
India exploring PTA with five African countries
India is working on signing a Preferential Trade agreement (PTA) with South Africa Customs Union (SACU), a regional sub-group of African nations comprising South Africa, Botswana, Lesotho, Namibia and Swaziland.
Crunch week for world’s oldest customs union
Sacu trade ministers meet in Gaborone with European Commission trade head Peter Mandelson tomorrow in a bid to break a stalemate over the economic partnership agreement the region is negotiating with the European Union. Mooted as an opportunity to harmonise the region’s trade arrangements with its biggest trading partner and deepen regional integration, the EPA has achieved the opposite. It has divided the region and is threatening to split it permanently.
SA-EU Trade Row Puts Customs Union At Risk
The future of the Southern African Customs Union (Sacu) hangs in the balance, even as engagement takes place at the highest political level to save the world’s oldest customs union from collapsing.
Korea mulls FTA with Southern African countries
Korea is considering a free trade pact with the the Southern African Customs Union (SACU) to expand cooperative ties with resource-rich countries