ISDS Case Map
SACU
Southern Africa Customs Union
During the reception, the Deputy Prime Minister suggested South Africa support and closely work with Vietnam in promoting negotiations on a Free Trade Agreement between Vietnam and the Southern African Customs Union (SACU), contributing to realizing the goal of raising bilateral trade turnover to $2 billion.
India and Namibia have jointly called for the expedited conclusion of the Preferential Trade Agreement (PTA) between India and South African Customs Union (SACU).
Already in conversation with a number of countries and economic blocs to discuss free trade agreements, India now plans to engage with South Africa and New Zealand to negotiate new FTAs to further diversify its trade ties.
Amid declining merchandise exports due to demand slowdown in the west, India is placing renewed focus on striking a trade deal with a union of five countries of Southern Africa.
This was the first time the EU triggered a bilateral dispute settlement mechanism under one of its EPAs – and as such, the EU challenged the legal basis and compliance of the measure with the EU-SADC EPA on a number of grounds.
Kenya which is among the 49 member states that have ratified the agreement, lacks product competitiveness due to quality challenges, high trade investment and trade costs.
Six countries drawn from three regional economic blocs are yet to ratify the African Continental Free Trade Area (AfCFTA), delaying its implementation more than a year after it was formally launched in January 2021
Poultry products dumped into SACU from Brazil, Denmark, Ireland, Poland and Spain are causing a material injury and a threat of material injury to the SACU poultry industry.
Senior officials and experts from the Southern African Customs Union and the European Free Trade Association Member States met through videoconference on 3 and 4 November 2021 to continue their negotiations on an updated and expanded Free Trade Agreement.
Officials from the Southern Africa Customs Union (SACU) and the South American-based Southern Common Market (MERCOSUR) have reaffirmed their commitment to the full implementation of the Preferential Trade Agreement (PTA).
