ARTICLE · 17 SEPTEMBER 2026
On 12th August 2026, India and the Southern African Customs Union (SACU), comprising of South Africa, Botswana, Namibia, Lesotho, and Eswatini signed the Terms of Reference (ToR) to guide negotiations for a Preferential Trade Agreement. The ToR has revived the trade negotiations which were stalled since 2010. Pursuant to the ToR, negotiations will create preferential market access for India in the SACU countries for exports of automobiles, pharmaceuticals, industrial machinery, textiles, diamonds, and agro-processed goods.
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