Luanda, Angola, 14 Feb – The member countries of the Southern Africa Development Community (SADC) plan to have a single customs tariff from 2010, the countries’ ministers of Trade and Industry agreed in Luanda.
During their seventh meeting, the ministers approved a document to set up a common customs tax, which includes legislation to regulate trade and customs activities in the region.
Based on this document, the region’s trade strategy from 2008 will be defined and includes export of products manufactured by the SADC member states in the European Union (EU).
The SADC ministers of Trade and Industry also assessed a request from Madagascar to be granted observer status at the sub-regional organization and proposed that the issue be analyzed on a presidential level.
The SADC includes 14 countries, namely Angola, South Africa, Botswana, Mauritius, Lesotho, Malawi, Madagascar, Mozambique, Namibia, DR Congo, Swaziland, Tanzania, Zambia and Zimbabwe. (macauhub)