Common Contracts
1 similar Background contracts
The SACU-Mercosur Preferential Trade Agreement (PTA) was signed on 16 December 2004 by the Southern African Customs Union (SACU) and Mercado Común del Sul (Mercosur) or the Southern Common Market when translated into English. SACU consists of South...Background • November 6th, 2009
This was the first agreement that SACU concluded with an- other developing regional economic entity after the 2002 SACU agreement. Later the SACU-Mercosur PTA was negotiated to broaden and deepen its coverage for the benefit of smaller countries in the two trading blocs. The negotiations were con- cluded in March 2009. The final agreement is currently in the process of ratification by the parliaments of the signatory coun- tries. The agreement is expected to be in force by mid-2010.
