SACUM-United Kingdom Economic Partnership Agreement
The Agreement between the Southern Africa Customs Union (SACU) and the United Kingdom entered into force on January 2021.
The agreement provides preferential border tariff treatment to most industrial products including :
- Agglomerated and reduced iron
- Alumina and Scrap metal
- Ammonia and Crude steel
- Nitrogen fertilisers
- Solar PV modules and Solar cells
- Solar wafers
- Polysilicon
- Battery packs and cells
- Electrolysers and Heat pumps
Rules of origin delineated in the Agreement include provisions preventing goods only undergoing minimal transformations in one of the signatory countries or incorporating materials of external origin which total value exceeds 15 per cent of the ex–works price of the product to benefit from preferential tariff treatment.
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