The Southern Africa Customs Union and Mozambique (SACUM) is a customs union and trading bloc comprising the countries Botswana, Eswatini, Lesotho, Namibia, South Africa and Mozambique.[1] Its predecessor is the Southern African Customs Union (SACU). SACUM was created after Mozambique entered into the Southern African Customs Union.
SADC-EU EPA edit
The EU signed an Economic Partnership Agreement (EPA) on 10 June 2016 with the SADC group, comprising Botswana, Lesotho, Mozambique, Namibia, South Africa, Eswatini, and Angola; which all of the SACU countries are also a part of. The agreement became the first regional EPA in Africa to be fully operational after Mozambique started applying to the EPA in February 2018.[2]
SACUM-UK EPA edit
The UK has created a number of free trade agreements & mutual recognition agreements with countries and trading blocs which will come into force on January 1, 2021,[3] when the UK leaves the EU. One of such deal is the SACUM-UK EPA, an agreement on trade between the UK and the Southern African Customs Union member states and Mozambique.[1]
References edit
- ^ a b "SACUM-UK economic partnership agreement (EPA)". GOV.UK. Retrieved 2020-02-12.
- ^ "Southern African Development Community (SADC) - Trade - European Commission". ec.europa.eu. Retrieved 2020-02-12.
- ^ "The transition period". GOV.UK. Retrieved 2020-02-12.
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