India–SACU Preferential Trade Agreement

India and SACU signed Terms of Reference (ToR) for negotiations towards a Preferential Trade Agreement (PTA).

SACU

Southern African Customs Union

Members:

1. Botswana
2. Lesotho
3. Namibia
4. South Africa
5. Eswatini

Headquarters: Windhoek, Namibia.

Important

The development marked India's first ToR with the African region, according to the source.

Priority sectors

• Engineering goods
• Machinery
• Automobiles
• Pharmaceuticals
• Textiles
• Agriculture
• Agro-processing

Eight negotiation chapters

1. Trade in goods & market access
2. Rules of origin
3. Customs procedures & trade facilitation
4. Trade remedies
5. Sanitary & phytosanitary measures
6. Technical barriers to trade
7. Dispute settlement
8. Legal & horizontal provisions

Prelims Memory Trick

SACU = B-L-N-S-E

Botswana
Lesotho
Namibia
South Africa
Eswatini