SACU

Project dedicated to the creation, operation and development of the South African Customs Union.

Проект, посвященный созданию, функционированию и развитию Южноафриканского таможенного союза.

Transcript

1. Osipov E.
3. 1910 1969 2002 The Southern African Customs Union (SACU) has been established in 1910 Signing of the revised Agreement in 1969 which recognises the unbalanced development of the Member States of SACU South African Party, before 1910 SACU is now subject to a new regulatory framework that provides modern, rule-based regulation that is in line with the idea of a Customs Union
4. 1910 1969 2002 SACU is now subject to a new regulatory framework that provides modern, rule-based regulation that is in line with the idea of a Customs Union Signing of the revised Agreement in 1969 which recognises the unbalanced development of the Member States of SACU The Southern African Customs Union (SACU) has been established in 1910 Meanwhile, in the fight to end South Africa's brutal apartheid regime, 1970
5. 1910 2002 1969 The WCO and the SACU Region agreement, 2018 SACU is now subject to a new regulatory framework that provides modern, rule-based regulation that is in line with the idea of a Customs Union The Southern African Customs Union (SACU) has been established in 1910 Signing of the revised Agreement in 1969 which recognises the unbalanced development of the Member States of SACU
7. Structure Council of Ministers Commission Tribunal Secretariat Consisting of one minister from each SACU member state, it would be the supreme SACU decision- making body and would meet quarterly. An administrative body composed of senior officials, three technical liaison committees and an established Agricultural Liaison Committee. An independent body of experts. It would report directly to the Council of Ministers. The tribunal would be responsible for tariff- setting and the anti- dumping mechanism. Responsible for day- to-day operations of the pool. It would be funded from the revenue pool.
8. To facilitate the cross-border movement of goods between the territories of the Member States; To create effective transparent and democratic institutions which will ensure equitable trade benefits to Member States; To promote conditions of fair competition in the Common Customs Area; To enhance the economic development diversification, industrialization and competitiveness of Member States; To promote the integration of Member States into the global economy through enhanced trade and investment; To facilitate the equitable sharing of revenue arising from customs excise and additional duties levied by Member States; To facilitate the development of common policies and strategies To substantially increase investment opportunities in the Common Customs Area;
10. Intra SACU imports 2017 2018 2019 2020 Botswana 4 508 089 4 836 596 4 783 204 3 749 275 Namibia 3 743 159 3 785 020 3 776 240 2 748 140 Lesotho 1 376 151 1 376 058 1 338 956 1 044 822 Eswatini 1 302 907 1 393 542 1350 982 1 173 692 South Africa 3 299 697 3 250 239 3 171 764 2 812 432 Total 14 230 003 14 641 455 14 421 146 11 528 361 SACU exports to WORLD Botswana 5 954 789 6 122 377 5 238 079 4 255 976 Namibia 5 183 908 7 488 296 6 439 325 5 424 088 Lesotho 673 576 733 148 640 575 818 488 Eswatini 1 801 635 1 851 122 2 001 762 1 752 118 South Africa 89 555 817 95 179 154 90 419 473 85 686 133 Total 103 169 725 111 374 097 104 163 214 97 936 803 MAIN EXPORT MARKETS: EU China United States of America India Saudi Arabia
11. Eswatini cosmetics, sugar, chemicals, textile Lesotho textile, food Botswana diamonds, animals, precious metals, mineral fuels Namibia diamonds, mineral fuels, animals, fish, other food South Africa almost everything 32,52 23,84 9,06 10,18 24,40 Botswana Namibia Lesotho Eswatini South Africa Share Intra SACU imports, % Export structure (main):
12. SACU’S Revenue Sharing Formula Customs Component Excise Component Development Component The share of each member based on the share of intra- SACU imports. 85% of the total excise revenue which was disbursed purely by the share of the GDP of each of the SACU members 15% distributed in inverse proportion to the GDP per capita of each member. + +
14. SACU and pre-SACU Revenues as a Percentage of Total Botswana Government Revenue
16. Documents establishing and regulating this organization or cooperation 08 Jan 2021 ECONOMIC PARTNERSHIP AGREEMENT BETWEEN THE SOUTHERN AFRICAN CUSTOMS UNION MEMBER STATES AND MOZAMBIQUE, OF THE ONE PART AND THE UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND, OF THE OTHER PART 15 Dec 2018 Status of Agreements concluded by the Southern African Customs Union (SACU) States 13 Jul 2017 Southern African Customs Union Agreement 2002 (As amended on 12 April 2013) 26 Apr 2016 Preferential Trade Agreement between the Common Market of the South (MERCOSUR) and The Southern African Customs Union (SACU 27 Oct 2014 Free Trade agreement between the EFTA States and the SACU States 21 Oct 2002 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 11 Dec 1969 Customs Union Agreement between the Governments of The Republic of South Africa, The Republic of Botswana, The Kingdom of Lesotho and The Kingdom of Swaziland acceded to by The Republic of Namibia on 6 July 1990 30 Jul 1910 Customs Agreement between the government of the Union of South African and the Territories of Basutoland, Swaziland, and Bechuanaland Protectorate