India-SACU Preferential Trade Agreement (PTA) negotiations
- South African Customs Union (SACU) comprises of South Africa, Lesotho, Swaziland, Botswana and Namibia. So far, 5 rounds of negotiations of India-SACU PTA have been held. The 1st round of technical discussions for India-SACU PTA took place in Pretoria on 5th–6th October, 2007. The 2nd round of PTA negotiations was held at Walvis Bay, Namibia on 21-22 February, 2008 while 3rd round was held at New Delhi on 25th–27th November, 2008 During the 3rd round of negotiations, a Memorandum of Understanding (MOU), was signed on 26th November, 2008 by the representatives of India and SACU to facilitate negotiations. 4th round of negotiations was held at Pretoria on 7th – 8th October, 2009.
- The 5th round of negotiations was held during 7th – 8th October, 2010. During this round of negotiations, SACU has presented a revised text of the PTA as a working document. Further, both sides have agreed on the following:-
- The text on ‘Dispute Settlement Procedures’
- To use the text proposed by India on ‘Customs Cooperation and Trade Facilitation’ and TBT as the working text
- To use the text on ‘SPS’ proposed by SACU as the working text.