All the member states, including the
Southern Africa Customs Union (SACU) countries, East African Community (EAC) countries, and Egypt, chose to offer their respective Regional Economic Communities' preferential arrangements, and were therefore not negotiating tariff offers, according to Mangeni.
He said the entry into force last year of the Preferential Trade Agreement between the
Southern Africa Customs Union (SACU) and MERCOSUR (which is a customs union between Argentina, Brazil, Paraguay and Uruguay) was a significant achievement.
"Namibia is highly dependent on foreign imports, in particular food and oil and it has a significant dependence on
Southern Africa Customs Union (SACU) revenue.
Besides a weaker outlook for Botswana's two biggest sources of income - diamond revenues and the
Southern Africa Customs Union (SACU) receipts, the report noted some key risks posed by ongoing revisions to the national accounts estimates.
In addition, one of Swaziland's most significant advantages is its membership of the
Southern Africa Customs Union (SACU).
The
Southern Africa Customs Union (SACU), comprised of Botswana, Namibia, Lesotho, Swaziland, and South Africa, dates from 1910, and is the world's oldest customs union.
Customs duties within the Southern African Development Community, a 14 member- bloc, do not exist for most goods, including cigarettes, but excise taxes vary (mirroring the situation in the European Union) between the
Southern Africa Customs Union (SACU), which consists of Botswana, Lesotho, Namibia, South Africa and Swaziland and the rest of SADC, for instance Zimbabwe, Zambia, Mozambique and Angola.
The
Southern Africa Customs Union (SACU - Botswana, Lesotho, Namibia, South Africa and Swaziland) is now providing for a deeper level of integration among certain SADC countries.
The Trade Representative used 13 factors in selecting four potential FTA partners in 2002 (Australia; the Central American Free Trade Area, a subregional group of five Central American countries; the
Southern Africa Customs Union of five countries; and Morocco).
The introduction of a 30% levy on tobacco and tobacco products by the government of Botswana on 14 February is a cause for concern not only for the country but also
Southern Africa Customs Union (SACU).