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President Ramaphosa to participate at the 8th Customs Union Summit in Eswatini

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STAFF REPORTER

President Cyril Ramaphosa will on Thursday participate at the 8th Southern Africa Customs Union (SACU) Heads of State and Government Summit in the Kingdom of Eswatini.

Spokesperson Vincent Magwenya said Ramaphosa‘s working visit at the SACU Summit is at the invitation of the current Chair of SACU, King Mswati III.

The 8th SACU Heads of State and Government Summit will be preceded by the meeting of the Council of Ministers taking place on 27 – 28 June 2023.

The Council of Ministers meeting will reflect and update on the status of the implementation of the SACU Strategic Plan 2022 – 2027, of which the Heads of State and Governments will provide political and strategic guidance.

The SACU Strategic Plan 2022 – 2027, which will be in its first year of review since being adopted at the 7th SACU Summit is centered on six pillars, namely; Industrialisation, Export and Investment Promotion, Trade Facilitation and Logistics, Implementation and Leveraging of The AFCFTA Opportunities, Trade Relations/Unified Engagement with Third Parties, Finance and Resource Mobilisation and Effectiveness of SACU Institutions.

Established in 1910, SACU is the oldest Customs Union in the world and has since its new dispensation by its five members states (Eswatini, Botswana, Lesotho, Namibia and South Africa) in 2002 assumed the status of an international organisation which facilitates compliance with the World Trade Organisation treaty in pursuit of its goal of regional economic integration.

Ramaphosa will be joined by a delegation comprising Minister of Trade, Industry and Competition, Ebrahim Patel; Minister of Agriculture, Land Reform and Rural Development, Thoko Didiza; Minister of Finance, Enoch Godongwana; and the South African Revenue Service Commissioner, Edward Kieswetter.

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