Southern African Customs Union
Southern African Customs Union (SACU) in relation with International Trade
In the context of trade organizations, Christopher Mark (1993) provided the following definition of Southern African Customs Union (SACU): A customs union including Botswana, Lesotho, Namibia, South Africa, and Swaziland. SACU was founded in 1969, superseding a customs union among the participants dating from the colonial era. In October 1992, Pretoria called for replacing SACU with a new regional trade arrangement, indicating that financial transfers to its SACU partners under a common income pool arrangement had become unacceptably high. A common external tariff is in effect. SACU has been generally successful in liberalizing intra-regional trade, albeit behind high external trade barriers.
Hierarchical Display of Southern African Customs Union
International Organisations > Extra-European organisations > African organisation
Southern African Customs Union
Concept of Southern African Customs Union
See the dictionary definition of Southern African Customs Union.
Characteristics of Southern African Customs Union
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Resources
Translation of Southern African Customs Union
- Spanish: Unión Aduanera del África Meridional
- French: Union douanière d\’Afrique australe
- German: Südafrikanische Zollunion
- Italian: Unione doganale dell\’Africa australe
- Portuguese: União Aduaneira da África Austral
- Polish: Unia Celna Afryki Południowej
Thesaurus of Southern African Customs Union
International Organisations > Extra-European organisations > African organisation > Southern African Customs Union
See also
- Bilbao Agency
- EU-OSHA
- SACU
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