The 107-year-old Southern African Customs Union (SACU) remains essential as it continues to advance the common interests of its member states, says His Majesty King Mswati III. Speaking during his visit to the customs union offices in Windhoek on Thursday, His Majesty King Mswati said it was through SACU that increased markets for goods and services from the region can be secured, through various trade negotiations that seek to advance greater regional and continental integration.
“SACU participates as a bloc and advances common positions in the COMESA-EAC-SADC tripartite, as well as the continental free trade area negotiations,” added His Majesty King Mswati III, who is also the chairman of SACU.
The customs union that was established in 1910 is made up of Botswana, Lesotho, Namibia, South Africa and Swaziland, with the secretariat located in the Namibian capital.
The objectives of the union, as contained in Article 2 of the 2002 SACU Agreement, include the facilitation of cross-border movement of goods between the territories of the member states.
(Siyimbali Online Reporter)