Sacu Mercosur Preferential Trade Agreement
j$k5608048j$kThe SACU-Mercosur Preferential Trade Agreement (PTA) is an important development in international trade that has significant benefits for both regions. SACU, or the Southern African Customs Union, is comprised of five countries in the region: Botswana, Lesotho, Namibia, South Africa, and Eswatini (formerly Swaziland). Mercosur is a trade bloc in South America that includes Argentina, Brazil, Paraguay, and Uruguay. The SACU-Mercosur PTA was signed in 2008 and took effect in 2016. It provides duty-free access for 1,050 SACU products [...]