2002 SACU Agreement

E641490

The 2002 SACU Agreement is the modern foundational treaty that restructured and updated the legal and institutional framework of the Southern African Customs Union among its member states.

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Statements (48)

Predicate Object
instanceOf customs union agreement
international agreement
treaty
aimsTo promote equitable sharing of customs revenue among members
support economic development in member states
basedOn principle of a common external tariff
principle of a single customs territory
cameIntoForceIn 2004
category 2002 treaties
Southern African Customs Union law NERFINISHED
contains provisions on agricultural policy cooperation
provisions on competition policy cooperation
provisions on dispute settlement within SACU
provisions on industrial development cooperation
creates obligations for SACU member states
defines common external tariff for SACU
revenue-sharing formula for SACU customs and excise
establishes Southern African Customs Union institutional framework
establishesInstitution SACU Commission NERFINISHED
SACU Council of Ministers NERFINISHED
SACU Secretariat NERFINISHED
SACU Tariff Board NERFINISHED
SACU Tribunal NERFINISHED
fullName Agreement Establishing the Southern African Customs Union NERFINISHED
governs collection and distribution of customs and excise revenue in SACU
language English
legalBasisFor operation of the Southern African Customs Union
memberState Kingdom of Eswatini NERFINISHED
Kingdom of Lesotho NERFINISHED
Republic of Botswana NERFINISHED
Republic of Namibia NERFINISHED
Republic of South Africa NERFINISHED
objective to create a single customs territory among member states
to facilitate cross-border trade in goods within SACU
to promote economic integration among SACU member states
providesFor common external trade policy coordination
free movement of goods within SACU
harmonisation of customs laws and procedures
region Southern Africa
replaced 1969 SACU Agreement NERFINISHED
restructured institutional framework of the Southern African Customs Union
shortName SACU Agreement 2002 NERFINISHED
signatoriesAre governments of SACU member states
signedIn 2002
subjectMatter customs union
regional economic integration
trade in goods
updated legal framework of the Southern African Customs Union

Referenced by (1)

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