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