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Topic: Southern African Customs Union


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In the News (Thu 21 Aug 08)

  
  Southern African Customs Union - Wikipedia, the free encyclopedia
The Southern African Customs Union (SACU) came into existence on December 11, 1969 with the signature of the Customs Union Agreement between South Africa, Botswana, Lesotho, Namibia and Swaziland.
SACU is the oldest Customs Union in the world.
At a meeting of Ministers of Trade and Finance Departments from the five SACU Member States, held in Centurion, Pretoria on September 5, 2000, the Ministers reached consensus on the principles of underpinning the Institutional reform in the SACU.
en.wikipedia.org /wiki/Southern_African_Customs_Union   (705 words)

  
 Customs union - Wikipedia, the free encyclopedia
A customs union is a free trade area with a Common External Tariff.
Purposes for establishing a customs union normally include increasing economic efficiency and establishing closer political and cultural ties between the member countries.
Customs and Economic Union of Central Africa (UDEAC) - superseded by CEMAC
en.wikipedia.org /wiki/Customs_union   (238 words)

  
 2002 Southern African Customs Union Agreement - Draft Final
The Headquarters of SACU shall be in Maseru/Mbabane/Windhoek in the Republic/Kingdom of Lesotho/Swaziland/Namibia.
SACU shall be an international organisation, and shall have legal personality with capacity and power to enter into contracts, acquire, own or dispose of movable or immovable property, and to sue and be sued.
SACU shall be accorded by each of the Member States such privileges and immunities as are necessary for the exercise of its functions.
www.tralac.org /scripts/content.php?id=29   (4178 words)

  
 Relevant information about the preferential trade agreement (PTA) between the Southern African Customs Union (SACU) and ...
The goal of SACU is an improved economic development for the whole area and in particular for the less advanced members.
Their goal is to establish a secretariat, which should act in the interest of whole SACU and is able to democratize the Customs Union.
SACU members are only allowed to change their customs duties in case of national disaster, in terms of obligation under any international agreement or if any member state agreed to an appropriate inquiry.
goss.rho.net /ncci/doc/trade/sacu_agreement/sacu_agreement.htm   (654 words)

  
 Customs Tariffs - Guide to Importing into South Africa
The Southern African Customs Union (SACU) is a customs union agreement that is in force between South Africa, Botswana, Lesotho, Namibia and Swaziland.
Section 66 of the South African Customs and Excise Act implements the GATT Customs Valuation Code and states that the value for customs duty purposes is the transaction value, the price actually paid or payable.
Southern African Customs Union (SACU): Southern African Customs Union is composed of South Africa, Botswana, Lesotho, Namibia and Swaziland.
www.mbendi.co.za /import/sa/customs_tariffs.htm   (1326 words)

  
 WTO | Trade policy review - Southern African Customs Union 2003
A report on the trade policies and practices of the Southern African Customs Union (Botswana, Lesotho, Namibia, South Africa and Swaziland), was released on 25 April by the WTO Secretariat.
A re-negotiation of the SACU Agreement was concluded in 2002, but it still has to be ratified by all parties.
The 2002 SACU Agreement, the report also says, provides for a more democratic institutional structure; a dispute settlement mechanism; the requirement to have common policies on industrial development, agriculture, competition, and unfair trade practices; and a new system regarding the common revenue pool and sharing formula.
www.wto.org /english/tratop_e/tpr_e/tp213_e.htm   (424 words)

  
 [No title]
Southern African countries have a choice of at least three well established and functioning regional trading bodies to belong to.
Seek to strengthen measures in SACU countries that provide for compensation of right holders for infringements of intellectual property rights and to provide for criminal penalties under the laws of SACU countries that are sufficient to have a deterrent effect on piracy and counterfeiting.
In 1910, SACU was formally established with the passing of the South Africa Constitution of 1910.
www.cptech.org /ip/health/trade/sacu/avafia112004.doc   (4831 words)

  
 AEGiS-Reuters: AIDS Drugs Dog U.S.-Southern Africa Trade Deal
JOHANNESBURG (Reuters) - The United States and the Southern African trade bloc are set to revive free trade talks next month, but analysts say intellectual property rights for urgently needed AIDS drugs remain a stumbling block.
The Southern African Customs Union (SACU) -- made up of South Africa, Botswana, Lesotho, Namibia and Swaziland -- is due to resume negotiations with U.S. officials within the next two weeks, most probably in Botswana, officials said.
SACU's exports to the United States last year were $6.8 billion - with South Africa accounting for $5.9 billion - against imports of $2.9 billion.
www.aegis.com /news/re/2005/RE050444.html   (681 words)

  
 Trading Opportunities in Southern Africa: a statistical analysis
The main aims of the Union are to promote free trade among members; to diversify the economies of the less developed members; and to apply a common external customs tariff.
The Southern African Development Community was established in August 1992 by Angola, Botswana, Lesotho, Malawi, Mozambique, Namibia, Swaziland, Tanzania, Zambia and Zimbabwe.
The Community replaces the Southern African Development Coordination Conference (SADCC) which was created in 1980 to foster regional integration, mobilize support for national and regional projects and to reduce the subregion's economic dependence on South Africa.
www.intracen.org /sstp/doc/report/stat.htm   (2946 words)

  
 WTO | Trade policy review - Southern African Customs Union 2003 - Concluding Remarks by the Chairperson
Members commended the SACU countries for the progress achieved in their economic reform programmes since the previous time their trade policies were reviewed in 1998, and noted that trade and investment liberalization had played a key role in these programmes.
Concerns were also expressed about differences in tariff bindings among SACU countries, and about the large use of anti-dumping and other contingency trade remedies by South Africa on behalf of the customs union.
I encourage SACU countries to improve their multilateral commitments, both in goods and services, and to pursue the implementation of their reform programmes, with a view to enhancing the transparency, predictability, and credibility of their trade regimes, and adherence to the WTO principles.
www.wto.org /english/tratop_e/tpr_e/tp213_crc_e.htm   (616 words)

  
 News from the Washington File
The African Growth and Opportunity Act had a section that encouraged us to look at free trade agreements with sub-Saharan Africa and southern Africa would be the natural place to start because South Africa is a leader; it's stage of development.
About combining responsibility of sub-Saharan Africans for their own future and that means steps in terms of governance and openness but also linking it to economic growth and opportunity.
SACU is one of the best places to make it — to show what can be done — but countries have to walk through the door.
usembassy.state.gov /southafrica/wwwhv2q.html   (8192 words)

  
 Southern African Customs Union (SACU)
The Southern African Customs Union came into existence on 11 December 1969 with the signature of the Customs Union Agreement between South Africa, Botswana, Lesotho, Namibia and Swaziland.
With this in mind, the Ministers of Trade and Industry of the five member states met in Pretoria on 11 November 1994 to discuss the renegotiation of the 1969 agreement.
At a meeting of Ministers of Trade and Finance Departments from the five SACU Member States, held in Centurion, Pretoria on 5 September 2000, the Ministers reached consensus on the principles of underpinning the Institutional reform in the Southern African Customs Union.
www.dfa.gov.za /foreign/Multilateral/africa/sacu.htm   (621 words)

  
 Joint letter to Bush on SACU, JULY 2003
Yet in formally notifying Congressional leaders of the Administration's intent to initiate negotiations for a free trade agreement with the nations of the South African Customs Union, U.S. Trade Representative Robert Zoellick confirmed the U.S. intention to negotiate TRIPS-plus measures.
To require Lesotho to forfeit this right as part of a Southern African Free Trade Agreement would be a major betrayal of the promise of Doha.
The Southern African region suffers from the highest rates of HIV infection in the world.
www.healthgap.org /press_releases/03/070203_HGAP_LTR_GWB_SACU.html   (1033 words)

  
 South Africa Country Profile
The terms of the agreement state that members use the South African tariff as the common external tariff and goods are traded free of duties and quotas between member states.
Imported or locally manufactured articles sent abroad for processing or repair, provided they are exported under customs and excise supervision, retain their essential character, are returned to the exporter, no change of ownership having taken place, and can be identified on re-importation.
Many South African export shipments are required by the South African government to have an export license, or be covered by a general license.
www.fedex.com /us/international/irc/profiles/irc_za_profile.html?link=4>mcc=us   (4300 words)

  
 1969 Southern African Customs Union Agreement
The Agreement, which provides for the continuance of the customs union arrangements, which have been in operation between the four countries since 1910, was concluded on 11 December 1969, and will come into operation on 1 March 1970.
(1) The contracting parties undertake that the transit through their areas of goods imported from outside the common customs area to or exported to a country outside the common customs area from the areas of the other contracting parties shall not be subject to transport rate discrimination.
With reference to the Customs Union Agreement dated 11 December 1969, between the Governments of South Africa, Swaziland, Botswana and Lesotho, it is desired to place on record that agreement has been reached among the four Governments to amend the aforementioned Agreement as follows:
www.tralac.org /scripts/content.php?id=28   (3568 words)

  
 WTO | Trade policy review conclusions remarks - SACU 1998
Members commended the SACU countries for the fundamental economic reform that they were undertaking; they had moved away from import-substitution to more outward-oriented policies and were adjusting to the political transformation of South Africa as well as to the fast changing environment of globalization.
The South African representative noted that South Africa's approach to government procurement was based on the desire to employ it as an instrument to achieve socio-economic objectives without forfeiting good financial management.
I wish to emphasize that the thrust of the discussion was supportive of the underlying direction of economic and trade policies in Southern Africa during a period of sharp transition in that region.
www.wto.org /english/tratop_e/tpr_e/tp74_e.htm   (2934 words)

  
 Central Bank of Lesotho - International Relations   (Site not responding. Last check: 2007-10-21)
SACU countries have continued their economic reform programmes, where trade and investment liberalization have played key roles.
SACU members acknowledge that in order to promote long-term economic growth, they need to move towards sources of income other than the SACU revenue pool.
In 2002, the AFRACA Secretary General and the Chairman of the Southern African Sub-region visited the CBL, and during their visit, pertinent issues were discussed.
www.centralbank.org.ls /institutes   (783 words)

  
 bilaterals.org | US-SACU
The US and the five-member Southern African Customs Union (Sacu) will meet in the second half of September to kick-start trade negotiations that ground to a halt late last year after the two regions failed to reach consensus on a range of key issues.
The South African government is to revive talks with the US on trade policies between Washington and the Southern African Customs Union (Sacu).
The five-nation Southern African Customs Union (SACU) and the United States on Tuesday began talks in the tiny kingdom of Lesotho to finalise a free trade agreement due to be drawn up by the end of this year.
www.bilaterals.org /rubrique.php3?id_rubrique=15   (1073 words)

  
 Sub-Saharan Africa Working Paper Series, #56   (Site not responding. Last check: 2007-10-21)
The Southern African Customs Union (SACU)-Botswana, Lesotho, Namibia, South Africa and Swaziland-has been renegotiated to take account of the new socio-political environment in the region following the demise of apartheid.
From its origins in 1910 SACU has been characterized by striking asymmetries in policies, levels of development and administrative capacity.
Nevertheless, the reconstituted SACU could form the core of a larger regional customs union that would facilitate a realignment of the existing regional organizations.
www.worldbank.org /afr/wps/wp57.htm   (228 words)

  
 U.S. and Southern African Nations Plan for Upcoming FTA Negotiations
During their meeting on trade issues, Ambassador Zoellick and the SACU Trade Ministers discussed goals for the FTA and a roadmap for forthcoming negotiations.
The five SACU countries are leading beneficiaries of the African Growth and Opportunity Act (AGOA), a U.S. trade preference program that, when combined with another U.S. preference program (the Generalized System of Preferences, or GSP), provides duty free access to 38 sub-Saharan countries on approximately 6,500 products.
The SACU countries were the top U.S. supplier of non-fuel goods under AGOA in 2001, accounting for more than a quarter of U.S. non-fuel imports from eligible sub-Saharan African countries.
www.state.gov /p/af/rls/prsrl/16624.htm   (895 words)

  
 Tension Building In Southern African Trade Relationships
The key issue between members is over market access to the Southern African Customs Union (SACU), of which SADC members South Africa, Swaziland, Namibia, Lesotho and Botswana are also part.
SACU members of SADC are counter-proposing tariffs of 30-50 percent on SADC clothing exports to SACU, which Zimbabwe argues would effectively block clothing exports to the SACU region.
SACU members argue that strict rules-of-origin rules are necessary, most notably in the textiles and automotive sectors, to prevent transhipment of products from Asia.
www.ictsd.org /html/story7.28-06-99.htm   (379 words)

  
 ipedia.com: Customs union Article   (Site not responding. Last check: 2007-10-21)
That is, the same customs duties, quotas, preferences and so forth apply to all goods entering the area, regardless of which country...
That is, the same customs duties, quotas, preferences and so forth apply to all goods entering the area, regardless of which country within the area they are entering.
Examples of customs unions include the European Union, the EU-Turkey Customs Union, the Southern African Customs Union and the former Zollverein.
www.ipedia.com /customs_union.html   (133 words)

  
 WOA--Outlook for American Policy   (Site not responding. Last check: 2007-10-21)
Therefore, should the SACU countries agree to what is known here as TRIPS-plus, they would be restricted in their ability to avail themselves of the Doha provisions, especially as regards compulsory licensing.
The former Organisation of African Unity drafted model legislation intended to challenge the US and multinational corporate impulse to patent traditional seeds and agricultural practices in Africa.
This would mean that if a firm - South African or international - demonstrated that they could provide water services to a South African city or region more efficiently than could a public entity, they should be permitted to do so.
www.woaafrica.org /SACUinfo.htm   (614 words)

  
 SICE - MERCOSUR - Southern African Customs Union - Preferential Trade Agreement
Once withdrawn, the rights and obligations assumed by the withdrawing party shall cease to apply, but it shall be bound to comply with obligations in connection with the tariff preferences established in Annexes I and II of this Agreement for a term of one year, unless otherwise agreed upon.
The SACU Secretariat shall be the Depositary of this Agreement for SACU.
In fulfilment of their depositary functions, the Government of the Republic of Paraguay and the SACU Secretariat shall notify the States Parties of MERCOSUR and Member States of SACU respectively, of the date on which this Agreement shall enter into force.
www.sice.oas.org /Trade/MRSRSACU/pta_e.asp   (2320 words)

  
 South African trade with Africa - SouthAfrica.info
The most important is the Southern African Customs Union of 1968, which consists of Botswana, Lesotho, Namibia, South Africa and Swaziland.
Although Sacu members are at different levels of economic development, they face common challenges such as eradicating poverty, promoting sustainable economic growth and development as well as reducing high unemployment rates.
The Joint Commission for Economic Scientific, Technical and Cultural Co-operation between South African and Zimbabwe was revived in 2002 with the aim of strenghtening bilateral relations.
www.southafrica.info /doing_business/sa_trade/agreements/trade_africa.htm   (922 words)

  
 Zoellick Outlines Benefits of U.S.-Southern Africa Free Trade Accord, January 13, 2003
The five SACU countries are Botswana, Lesotho, Namibia, South Africa and Swaziland.
And in this context, the free trade agreement that we expect to be launching with the five SACU [Southern African Customs Union] countries is both a concrete and a symbolic sign of this long-term interest.
But from the start he emphasized that it was important to do it with the five countries of SACU and not just with South Africa.
www.usembassy.it /file2003_01/alia/a3011403.htm   (8102 words)

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