Author: National Agricultural Support Services Programme (Namibia)Publisher:
ISBN:
Category : Africa, Southern
Languages : en
Pages : 32
Book Description
New SACU Agreement
Author: National Agricultural Support Services Programme (Namibia)Publisher:
ISBN:
Category : Africa, Southern
Languages : en
Pages : 32
Book Description
New SACU Agreement Between the Governments of the Republic of Botswana, the Kingdom of Lesotho, the Republic of Namibia, the Republic of South Africa and the Kingdom of Swaziland
Author: Southern African Customs UnionPublisher:
ISBN:
Category : Africa, Southern
Languages : en
Pages : 38
Book Description
NE P R U P - OLICY B R IEF - SACU - The New Agreement
Author: Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
With the formation of the Union of South Africa in 1910, a new Customs Agreement was signed between the Union of South Africa and the High Commission Territories (namely the present day Botswana, Lesotho and Swaziland). [...] The higher purchasing power in South Africa, transport costs to the South African market and the perception of higher risks in the BLNS countries also contributed to the tendency of industries to cluster in more advanced areas. [...] During the negotiations of the 1969 agreement the then BLS countries demanded the inclusion of a compensation factor in the revenue sharing formula. [...] One of the main objectives stated in the Preamble of the 1969 Agreement was to achieve economic development and diversification of the less advanced members. [...] Policy Recommendations Use the SACU institutions to represent the region and actively promote investment to the region; Shift the focus from SACU as a source of income to SACU as a potential engine for economic development in the region; Use the SACU Tariff Board to design a CET that suits Namibia's development objectives; Reduce the CET to eliminate the anti-export bias rather than to build new t.
SACU Revenue Sharing Formula
Author: Roman GrynbergPublisher:
ISBN: 9789991265438
Category : Africa, Southern
Languages : en
Pages : 42
Book Description
United States-Southern African Customs Union (SACU) Free Trade Agreement Negotiations: Background and Potential Issues
Author: Danielle LangtonPublisher:
ISBN:
Category : Africa, Southern
Languages : en
Pages : 7
Book Description
Negotiations to launch a free trade agreement (FTA) between the United States and the five members of the Southern African Customs Union (SACU) (Botswana, Lesotho, Namibia, South Africa, and Swaziland) began on June 3, 2003. A potential FTA would eliminate tariffs over time, reduce or eliminate non-tariff barriers, liberalize service trade, protect intellectual property rights, and provide technical assistance to help SACU nations achieve the goals of the agreement. This potential agreement would be subject to congressional approval.
United States-Southern African Customs Union (SACU) Free Trade Agreement Negotiations: Background and Potential Issues
Author: Publisher:
ISBN:
Category : Africa, Southern
Languages : en
Pages : 7
Book Description
Negotiations to launch a free trade agreement (FTA) between the United States and the five members of the Southern African Customs Union (SACU) (Botswana, Lesotho, Namibia, South Africa, and Swaziland) began on June 3, 2003. In April 2006, negotiators suspended FTA negotiations, launching a new work program on intensifying the trade and investment relationship with an FTA as a long term goal. A potential FTA would eliminate tariffs over time, reduce or eliminate non-tariff barriers, liberalize service trade, protect intellectual property rights, and provide technical assistance to help SACU nations achieve the goals of the agreement. This potential agreement would be subject to congressional approval. This report will be updated as negotiations progress.
The U.S.-Southern African Customs Union (SACU) Free Trade Agreement
Author: United States-Southern African Customs Union (SACU) Free Trade Agreement Negotiations
Author: Ian F. FergussonPublisher:
ISBN:
Category : Africa, Southern
Languages : en
Pages : 6
Book Description
The Southern African Customs Union (SACU) Agreement
Author: Lesedi SenatlaPublisher:
ISBN:
Category : Africa, Southern
Languages : en
Pages : 10
Book Description
The New Southern African Customs Union Agreement
Author: Robert KirkPublisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
From its origins in 1910 the Southern African Customs Union (SACU) has been characterised by striking asymmetries in policies, levels of development and administrative capacity. Following the demise of apartheid in 1994, the five member countries (Botswana, Lesotho, Namibia, South Africa and Swaziland) began negotiations to reform the SACU. Eight years later, a new Agreement was signed in October 2002. In this paper, we outline the main characteristics of the 2002 Agreement and assess whether it addresses the criticisms of the preceding arrangement. Most importantly, the 2002 Agreement introduces shared decision-making and provides for a sustainable revenue-sharing arrangement. But varying levels of trade policy capacity along with policy divergences between the members present new challenges. Moreover, the exclusion of Services, Intellectual Property Rights and Singapore issues gives the 2002 Agreement a somewhat jaded appearance. Nevertheless, the reconstituted SACU could form the core of a larger regional customs union that would facilitate a realignment of the existing regional organisations. This will depend on the ongoing trade negotiations with both the EU and the United States. These negotiations will also put pressure on SACU to address excluded issues and reduce cross-border transaction costs in order to realise the benefits from economic cooperation.