Zuma in Botswana for Sacu summit

2013-04-12 13:11

President Jacob Zuma arrived in Gaborone, Botswana, today to attend the Southern African Customs Union (Sacu) summit.

The purpose of the one-day summit was to discuss issues related to regional trade and industrialisation under the customs union, spokesman Mac Maharaj said.

“More specifically, the event will appraise progress and outcomes with regard to the five-point programme that was adopted in March 2011.

“The five points include regional industrialisation, the review of the revenue-sharing agreement, trade facilitation, the development of Sacu institutions, and a unified engagement in trade negotiations,” Maharaj said.

Sacu leaders would also consider collective activities to strengthen investment promotion among their countries.

Heads of state from Botswana, Lesotho, Namibia and Swaziland would also attend the summit.

Zuma is accompanied by Finance Minister Pravin Gordhan and his deputy Nhlanhla Nene, as well as Trade and Industry Minister Rob Davies.

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