India, Southern African Customs Union Revive Trade Pact Talks
Summary
- India and the Southern African Customs Union (SACU) have revived talks for a trade pact.
- SACU comprises South Africa, Botswana, Namibia, Lesotho, and Eswatini.
- Previous negotiations between 2002 and 2010 ended without a deal after five rounds.
Key Facts
- · SACU member countries: South Africa, Botswana, Namibia, Lesotho, Eswatini
- · Previous negotiations: 2002-2010
- · Number of rounds in previous negotiations: 5
Why it matters
The revival of trade pact talks between India and SACU could potentially boost bilateral trade and economic cooperation between the two regions.
#India#SACU#Trade Pact#International Relations