Southern African Customs Union

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Southern African Customs Union

An international organization that establishes the free movement of goods and services across member nations. It also maintains a common tariff policy with respect to countries that are members; that is, members negotiate as a bloc for trade agreements. Established in 1910, it is the oldest extant customs union in the world. Its members are Botswana, Lesotho, Namibia, South Africa and Swaziland.
References in periodicals archive ?
Before joining SACU, Ruth and Vincent used traditional farming methods on their three acres of land.
Chartered in 1935, San Antonio Credit Union (SACU) is a USD2.8 billion credit union serving more than 250,000 members in 43 states across the United States.
For more information about SACU, visit: www.southernafricancommunity
Following the conclusion and implementation of the TDCA, South Africa and its SACU partners launched FTA negotiations with US in June 2003.
Aside from local concerns, the levy goes against the spirit of SACU agreement as it eradicates trade harmonization and hampers the free flow of goods within the SACU community.
The progress of India- Southern African Customs Union (SACU) Preferential Trade Agreement negotiations was also discussed between the two Ministers.
He, also said that, "despite a series of adverse shocks, including the fall in Southern African Customs Union (SACU) revenues in 2010aACAo11 and weather-related shocks in 2011 and 2012, fiscal and external sustainability have been maintained".
A spokesman for SACU said: "This is a particularly special year as the SACU are celebrating 100 years of motorcycle racing in Scotland.
SADC was founded in 1980, as the Southern African Development Coordination Conference (SADCC), although current membership overlaps with a much older regional formation, the South African Customs Union (SACU).
South Africa's International Trade Administration Commission (ITAC) is investigating a "recent significant surge" of imports in frozen chips or french fries, mainly from the European Union (EU) that are allegedly causing "serious injury" to the industry in the Southern African Customs Union (SACU).
VVWORD search J K L PO IGVE ABARRYJSG VDX EA SACU J RMCH BMUK KE P LC J IDS DNWQ I BEAL KR I UK GMME AO P C Y JOOD YHA JKNORI XT S ECUREV S I ANIMEJA EWQ AN BGHD Find the surnames of four champion jump jockeys of the 1970s and 1980s (Names can appear vertically, horizontally, diagonally, backwards or forwards) Answer on page 19 VVALL mixed up Rearrange the letters to reveal the name of a British racecourse My Author (8) Answer on page 19 Compiled by Martin Smethurst, Chris Pitt and Daniel Hill