Economy · India
India and Southern African Customs Union Sign Trade Pact Terms
India and the Southern African Customs Union (SACU), a bloc of five nations, have signed the Terms of Reference (ToR) to initiate negotiations for a Preferential Trade Agreement (PTA). This agreement aims to boost trade between India and the SACU member states. The move revives previous trade pact discussions between the two entities. The pact is expected to impact sectors such as automobiles, pharmaceuticals, and critical minerals.
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- Centre (2): Business Standard, The New Indian Express
- Right (2): Firstpost, Swarajya
- International (1): Reuters