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20 May 2013

2002 Southern African Customs Union (SACU) Agreement

BETWEEN THE GOVERNMENTS OF THE REPUBLIC OF BOTSWANA, THE KINGDOM OF LESOTHO, THE REPUBLIC OF NAMIBIA, THE REPUBLIC OF SOUTH AFRICA AND THE KINGDOM OF SWAZILAND

[ Select your Option - refer below for part descriptions ]

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PART EIGHT

COMMON POLICIES

Article 38
Industrial Development Policy

1. Member States recognise the importance of balanced industrial development of the Common Customs Area as an important objective for economic development.
2. Pursuant to paragraph 1, Member States agree to develop common policies and strategies with respect to industrial development.

Article 39
Agricultural Policy

1. Member States recognize the importance of the agricultural sector to their economics.
2. Member States agree to co-operate on agricultural policies in order to ensure the co-ordinated development of the agricultural sector within the Common Customs Area.

Article 40
Competition Policy

1. Member States agree that there shall be competition policies in each Member State.
2. Member States shall co-operate with each other with respect to the enforcement of competition laws and regulations.

Article 41
Unfair Trade Practices

The Council shall, on the advice of the Commission, develop policies and instruments to address unfair trade practices between Member States. These policies and measures shall be annexed to this Agreement.