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The five member states of the Southern African Customs Union (Sacu) pledged to commit the necessary human and financial resources to carry out its program of work.
Botswana President Mokgweetsi Masisi said this during the closing ceremony. 6th Summit of Heads of State and Government of Sacu held recently in Gaborone.
Masisi, who is the president of Sacu, noted with satisfaction the progress made in the implementation of the work program, his speech issued by Sacu. Despite the progress made, more work is needed in areas such as revenue and the development of an appropriate architecture for tariff setting, rebates, duty drawback and trade remedies, he adds. The human and financial resources to facilitate the conclusion of this process, "promised Masisi.
In addition, the gathering noted that the implementation of the work program must be for this purpose, the date of completion of the program was extended from 12 months of December 2018 to December 2019.
The overall objective of the Sacu work program is to contribute to the development of a sustainable and improved economy in the union in trade, security and social protection through the development of customs authorities as equitable and efficient trading partners, as well as modern social protection and revenue collection services.] 19659003] The two-day summit reaffirmed Importance of the regional integration program that promotes economic integration, industrialization and diversification of economies Sacu, a separate statement pub linked by the unions shows.
In addition, the heads of state noted with concern the overall evolution of trade, especially the rise of unilateralism, reaffirming the outside of Masisi, King Mswati III of Swaziland Hungarian President Hage Geingob of Namibia, South African Prime Minister Cyril Ramaphosa and Prime Minister Thomas Thabane attended the summit.
Masisi will hand over the Sacu Chair at Thabane on July 15
"Be assured of my availability to assist and support you in your role of facilitating the full implementation of the Sacu work program", Masisi dit Thabane [19659003] Sacu is a customs union grouping five countries of southern Africa: Botswana, Namibia, Lesotho, South Africa and Swaziland.
– Nampa
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