SACU Presents its Proposals to the AfCFTA
The Southern Africa Customs Union (SACU) has officially announced the finalisation of the SACU Tariff Offer on 18 February during the 36th Ordinary Session of the AU Assembly, held in Addis Ababa, Ethiopia. According to the statement, SACU submitted an initial Tariff Offer in November 2020, in preparation for the commencement of trading in January 2021 which needed further work to comply with the agreed modalities. Subsequently, the region has worked to meet the threshold of 90% products to be liberalized. This process has now been completed. This is an important move forward as SA has claimed that it could not sign up to the AfCFTA’s General Agreement on Fair Trade until SACU had completed its work on tariffs.
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