The new southern african customs union agreement book

The roles of the southern african customs union agreement. The southern african customs union sacu and china intend to negotiate a free. Southern african customs union sacu sacu tralac trade law. Southern african customs union sacu presentation mr s mogapi, director for sacu, delivered the powerpoint presentation on the new sacu agreement see document. According to draper, halleson and alves 2007, sacu was formed in 1910. Revenue distribution under the new agreement 6473 10. Statistical rear book, 1968 pretoria and foreign trade statistics pretoria, vol. The customs union is the first regional integration milestone and critical foundation of the east african community eac, which has been in force since 2005, as defined in article 75 of the treaty for the establishment of the east african community. The new sacu agreement of 2002 came into force in 2004. The new southern african customs union agreement kirk. Agricultural agreement between the sacu states and. Industrial policy in the southern african institute for. Southern african customs union welcome to the sacu website.

Unfortunately they are so complex that they defy simple categorisation. United statessouthern african customs union sacu background and negotiations on 5 november 2002 the united states and the countries of the southern african customs union sacu botswana, lesotho, namibia, south africa and swaziland announced that they would begin negotiations towards a free trade agreement. The trade law centre for southern africa gave a short background on the new vision and mission statement of the southern african customs union, intra union matters and the unions extraregional agenda which included southsouth relationships. Southern african customs union sacu summit 20 youtube. The epa also contains a large number of safeguards or safety valves. At the same sitting, the economic partnership agreements between the southern african customs union member states and mozambique was approved, as well as the united kingdom of great britain and. Namibia, botswana, swaziland, south africa, and lesotho 2015 2016, paperback at the best online prices at ebay.

This framework agreement established a negotiating committee to work towards the establishment of a free trade agreement. A new southern african customs union agreement 2002 6163 9. Following the demise of apartheid in 1994, the five member countries botswana, lesotho, namibia, south africa and swaziland began negotiations to reform the sacu. The southern african customs union sacu agreement signed in 2002 purported to change the predominance of south african power within the institution to give other member states greater. It is the oldest customs union in the world and the most stable, coherent and significant economic grouping on the african continent. A new southern african customs union agreement the 2002 sacu agreement entered into force on 15 july 2004. Its headquarters are in the namibian capital, windhoek. Who will benefit from the african continental free trade. Peoples republic of chinasouthern african customs union. Aware that the implementation of the 1969 agreement is hampered by a lack of. Africas big new free trade agreement, explained the. The fta covers of the regions 15 countries angola and the drc have not signed but only five countries are members of the southern african customs union sacu, botswana, eswatini, lesotho, namibia and. Sacu countries consist of botswana, lesotho, namibia, south. The new southern african customs union agreement africa region working paper series no.

A new southern african customs union agreement 2002. The sacu treaty is a customs union plan providing for free trade in goods and a common external tariff. From its origins in 1910 the southern african customs union sacu has been characterised by striking asymmetries in policies, levels of. Congressional research service, the library of congress, crs report for congress, january 3. Epa countries can activate these and increase the import duty. While the union has operated under different agreements, which have been negotiated and renegotiated with changing circumstances, the study identifies the. Other members of the union include botswana, lesotho, namibia and south africa. Document wttprg324 contains the policy statement submitted by the southern african customs union. An analysis of a ussouthern african customs union sacu. This agreement on trade in agricultural goods hereinafter referred to as this agreement between the republic of botswana, the kingdom of lesotho, the republic of namibia, the republic of south africa and the kingdom of swaziland, together forming the southern african customs union hereinafter referred to jointly. Sacu southern african customs union trade summary the u.

One of the new provisions of the agreement, was to give the sacu new legal status. The sacu agreement has a revenue sharing formula, which has three components. The asia regional integration center aric is an ongoing technical assistance project of the economic research and regional cooperation department ercd. Tensions over the future of the southern african customs union sacu and trade relations with the eu are rising, as reflected in the plethora of recent media reports. The new southern african customs union agreement kirk 2005. The southern african customs union sacu consists of botswana, lesotho, namibia, south africa, and. The southern african customs union sacu is a customs union among five countries of. Southern african customs union wikipedia, ensaeklopedia. From its origins in 1910 the southern african customs union sacu has been characterised by striking asymmetries in policies, levels of development and administrative capacity. Schedules to the customs and excise act, 1964 tariff book, schedule 1, part. Southern african customs union 1998 southern african customs union sacu volume 5 9780890592083.

It entered into force on the 1st of march 1970, thereby replacing the customs union agreement of 1910. The most difficult problem concerns the future of revenue distribution within sacu. The politics of trade in the southern african customs union sacu. The southern african customs union sacu is the oldest functioning customs union in africa kirk and stern, 2005.

Review of southern african customs system set to start. Common policies provided in the treaty should be interpreted in the context of custom union. The sacu agreement dates back to 1910 when the then union of south africa and the socalled high commission territories of bechuanaland, basutoland and swaziland signed a customs union agreement. Botswana, lesotho, namibia, south africa and eswatini formerly swaziland. All sadc countries are implementing the agreement, except for angola, seychelles and the democratic republic of congo. An important initiative under negotiation is the indiasouthern africa customs union preferential trade agreement. Established in 1910, the southern african customs union sacu is one of the oldest customs union in the world.

Established in 1910, the sacu agreement was first renegotiated in 1969, following the independence of the high commission territories, and again in 2004. United statessouthern african customs union sacu free trade agreement negotiations. Heads of state and government from the southern african customs union sacu countries met in gaborone, botswana on 12 april 20. Southern african customs union sacu botswana, lesotho, namibia, south africa, and swaziland southern african customs union sacu botswana, lesotho, namibia, south. The new southern african customs union agreement by robert.

The southern african customs union sacu includes of south africa, lesotho, swaziland, botswana, and namibia. There is also provision made for the accession of new members to the body. The 1969 southern african customs union agreement jstor. Kirk, robert and stern, matthew, the new southern african customs union agreement.

It provides for further harmonization of policies in a number of areas, including customs procedures, standards, technical regulations, sps measures, competition, and unfair trade practices, but alignment in these areas has not. Institute for global dialogue south african institute of international affairs this book represents the outcomes of a conference at which researchers, policymakers, and business representatives considered chinau2019s meteoric. Food and agricultural organization of the united nations. In sadc, the member states have entered into an agreement to phase out all tariffs to zero by 2012. The history and character of the southern african customs union sacu make it a remarkable institution. Free trade in this context means the elimination of tariff duties and quantitative restrictions on importation and exportation.

The southern african customs union sacu is a customs union among five countries of southern africa. Following the 199798 asian financial crisis and the contagion evident around the region, adb was asked to use its knowledgebased expertise to help monitor the recovery and report objectively on potential vulnerabilities and policy solutions. Sacu customs and excise act, 1964 description schedule no. Outside epas, the eu has never agreed before to such a degree of asymmetry in any free trade agreement. The southern african customs union sacu, an african regional economic organization, is the worlds oldest customs union, founded in 1910.

Customs union matters of 11 november 1994, mandating the governments to re negotiate the 1969 southern african customs union agreement. The southern african customs union sacu removes customs duties on only around 86% of imports from the eu. Background and political issues creation information langton, danielle january 3, 2005. Sacu e hlomilwe ka 1910 e le tumelano magareng ga union ya afrika borwa, le high commission territories ya bechuanaland, basutoland le swaziland. 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. The 1969 customs union agreement between south africa, botswana, lesotho and swaziland replaced the 1910 agreement. In december 2004, mercosur and the southern african customs union sacu composed of botswana, lesotho, namibia, south africa and swaziland.

The southern african development community sadc was established in 1992 and the sadc free trade area fta came into being in 2008. The new southern african customs union agreement request pdf. Africas big new free trade agreement, explained rwandan president paul kagame, chairman of the african union, signs the african continental free trade area agreement in kigali, rwanda, on march 21. United statessouthern african customs union sacu free. A new agreement, signed on june 29, 1910, was extended to the union of south africa and the british high commission territories hcts, i.