Status of the India - Southern African Customs Union (SACU) Preferential Trade Agreement (PTA): Under
consultation and study.
Main benefits of the India - Southern African Customs Union (SACU) Preferential Trade Agreement (PTA)
- Access to raw materials at low prices;
- Access to technical development;
- Market access for minerals and/or precious stones
- Accorded special differential treatment based on the level of development;
- Strengthened economic cooperation ties.
South African Customs Union (SACU)
South Africa, Lesotho,
Swaziland, Botswana and Namibia.
The total of Foreign trade between India and South Africa has increase threefold from USD
2.5 billion in 2003-04 to USD 7.5 billion in 2008-09
Exports from India to South Africa: vehicles and components,
transport equipment, drugs and pharmaceuticals, software, engineering products, footwear, dyes and intermediates, chemicals, textiles, rice, gems, jewellery ....
Import from South Africa to India: phosphates, precious stones,
minerals, fertilizers, steel, coal, transport equipment, pulp ...
Foreign direct investment from South Africa to India
(from April, 2000 to December, 2010) was estimated at USD 109.88 million.
An important initiative under negotiation is the India - SACU
Preferential Trade Agreement.
Example of the course India - SACU Trade Agreement:
Master in International Business for South African students - Master Botswana - Master for Indian students
EENI in Hindi: मास्टर विदेश पार