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As the world’s oldest custom union, the Southern African Customs Union (SACU) dates back to the 1889 Customs Union Convention. The primary goal was to promote economic development through regional coordination of trade.
The SACU Agreement, 2002 addressed the following three outstanding issues:
- Joint decision making processes
- New Revenue Sharing Formula
- Question of external (outside SACU) trade
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The Southern African Development Community (SADC) is a Regional Economic Community comprising 16 Member States;
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- Angola,
- Botswana,
- Comoros,
- Democratic Republic of Congo,
- Eswatini,
- Lesotho,
- Madagascar,
- Malawi,
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- Mauritius,
- Mozambique,
- Namibia,
- Seychelles,
- South Africa,
- Tanzania,
- Zambia
- and Zimbabwe.
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