Southern African Customs Union
GPTKB entity
Properties (44)
Predicate | Object |
---|---|
gptkbp:instanceOf |
gptkb:Association
|
gptkbp:challenges |
infrastructure deficits
trade imbalances policy harmonization |
gptkbp:controversy |
arbitration mechanism
|
gptkbp:currency |
gptkb:South_African_Rand
|
gptkbp:economicActivity |
simplified customs procedures
|
gptkbp:environmental_impact |
competition from imports
increased intra-regional trade protection for local businesses |
gptkbp:environmentalProtection |
cooperation on customs enforcement
|
gptkbp:formed |
1910
|
gptkbp:future_plans |
promote sustainable development
increase member state participation develop infrastructure projects enhance regional trade improve economic cooperation |
gptkbp:governing_body |
gptkb:Council_of_Ministers
Commissioner_of_Customs |
gptkbp:headquarters |
gptkb:Gaborone
|
gptkbp:held_annually |
billions of USD
|
gptkbp:historical_significance |
first_customs_union_in_Africa
|
https://www.w3.org/2000/01/rdf-schema#label |
Southern African Customs Union
|
gptkbp:internationalRelations |
gptkb:European_Union
gptkb:African_Continental_Free_Trade_Area Free Trade Agreement bilateral agreements with other countries |
gptkbp:mandates |
shared among members
|
gptkbp:members |
gptkb:Namibia
gptkb:South_Africa gptkb:Lesotho gptkb:Botswana Eswatini |
gptkbp:membership |
not currently expanding
|
gptkbp:notableFeature |
common external tariff
|
gptkbp:officialLanguage |
English
|
gptkbp:operational_status |
published annually
|
gptkbp:packaging |
standardized across member states
|
gptkbp:purpose |
economic integration
facilitate trade customs cooperation |
gptkbp:region |
gptkb:Southern_African_Development_Community
|
gptkbp:safetyFeatures |
joint border control initiatives
|
gptkbp:website |
www.sacu.int
|