bilaterals.org logo
bilaterals.org logo

SACU


Sacu committed to India negotiations
The Southern African Customs Union (Sacu) said on Tuesday it was still committed to negotiations with India over a delayed preferential trade agreement (PTA).
India-SACU free trade agreement needs ‘fine-tuning’
The increasing amount of trade between Namibia and India is expected to balloon even further once the India-Southern African Customs Union Preferential Free Trade Agreement is finalised.
SACU: Dead man walking?
Late last year, the African cyberspace was buzzing with rumours that the region’s oldest trade agreement, the Southern African Customs Union or SACU was about to be finally killed off by South Africa. From Windhoek to Cape Town to Mbabane, trade policy wonks were debating what the most recent moves from Pretoria regarding SACU really meant.
Namibia and the Economic Partnership Agreement
Namibia’s principled refusal to get bullied into an agreement against what it considered its own best interests has served as an example for other countries originally more willing to give in to the pressure exerted by EU
Namibia Dairies wants milk import restrictions
Namibia Dairies has applied to the Ministry of Trade and Industry for the introduction of ’Quantitive Restrictions’; a move that will limit the amount of imported dairy products into Namibia.
Writing the Struggle - EPAs: The European game is over, comrades
The current episode between some African countries and European Union over the Economic Partnership Agreement (EPA) proves to a great extent what Franz Fanon talks about when he says: “The new day which is already at hand must find us firm, prudent and resolute.”
India-SACU PTA talks likely to conclude this year
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.
India, SA agree for early finalisation of India-SACU PTA negotiations
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 affirms importance of trade agreement with Sacu
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).
Trade pact with South Africa Customs Union by next year
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.
Discussions Start On Industrial Policy
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.
Botswana stands to lose billions in SACU revenues
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.
Sacu-Mercosur Pta Gets Cautionary Thumbs-Up
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).
Economic Partnership Agreement Negotiations On Track
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.
Trade policy to focus on Latin America, Africa
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.
EPAs are bad for Africa
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.
Trade agreement with SA Customs Union faces regulatory hurdles
The Preferential Trade Agreement (PTA) between India and South Africa Customs Union (SACU) has run into some regulatory issues even as both countries have vowed to achieve bilateral trade worth $15 billion by 2014 from around $10 billion at present.
Southern Africa Customs Union agrees to jointly negotiate trade agreements
The Southern African Customs Union has finally agreed on a set of principles to negotiate all future trade agreements, including deals with India and Mercosur, collectively
India, SACU to sign preferential trade agreement: Sharma
India and South African nations are expected to sign a trade agreement by the middle of this year, which aims at reducing tariffs on certain items traded between the nations, Commerce and Industry Minister Anand Sharma has said.
SA to sign trade pact with EU in about-turn
South Africa is likely to conclude an economic partnership agreement by the end of this year with the European Union as a member of the Southern African Customs Union, International Relations and Co-operation Minister Maite Nkoana-Mashabane said yesterday.