India SACU trade talks restart: the two sides signed terms of reference on 12 August 2026 to launch a preferential trade agreement within a month.
South Africa · TRADE
Key Facts
—Terms signed: India and the Southern African Customs Union signed terms of reference on 12 August 2026 to restart preferential trade agreement negotiations.
—Bloc members: SACU comprises South Africa, Botswana, Namibia, Lesotho and Eswatini, and is the world’s oldest customs union.
—Trade value: India exported $7.5 billion in goods to SACU in 2025/26 and imported $9.2 billion, with South Africa dominating the commerce.
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