Southern African Customs Union

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

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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