About SACU
Objectives of SACU
The objectives of SACU as contained in Article 2 of the 2002 SACU Agreement are:
- To facilitate the cross-border movement of goods between the territories of the Member States;
- To create effective, transparent and democratic institutions which will ensure equitable trade benefits to Member States;
- To promote conditions of fair competition in the Common Customs Area;
- To substantially increase investment opportunities in the Common Customs Area;
- To enhance the economic development, diversification, industrialization and competitiveness of Member States;
- To promote the integration of Member States into the global economy through enhanced trade and investment;
- To facilitate the equitable sharing of revenue arising from customs, excise and additional duties levied by Member States; and
- To facilitate the development of common policies and strategies