Africa-Press – Eswatini. SA President Cyril Ramaphosa arrived in the Kingdom of Eswatini Thursday morning to participate at the 8th Southern Africa Customs Union (SACU) Heads of State and Government Summit.
President Cyril Ramaphosa arrives in the Kingdom of Eswatini to participate at the 8th Southern Africa Customs Union (SACU) Heads of State and Government Summit.
President Ramaphosa is attending the summit at the invitation of the current Chair of SACU, His Majesty King Mswati III and the iNgwenyama of the Kingdom of Eswatini.
The Summit will take place at the Mandvulo Royal Palace under the theme ” SACU Industrialization Opportunities through Improving Economic Complexity”.
Vincent Magwenya, Spokesperson to the President said: “President Ramaphosa will deliver a statement at the opening ceremony of the 8th Southern Africa Customs Union Heads of State and Government Summit”.
The SACU Strategic Plan 2022- 2027, which will be in its first year of review since being adopted at the 7th SACU Heads of State and Government Summit is centered on six pillars, namely;
-Industrialisation,
-Export and Investment Promotion,
-Trade Facilitation and Logistics,
-Implementation and Leveraging of The AFCFTA Opportunities,
-Trade Relations/Unified Engagement with Third Parties,and
-Finance and Resource Mobilisation and Effectiveness of SACU Institutions.
Established in 1910, SACU is the oldest Customs Union in the world.
President Cyril Ramaphosa was accompanied by Trade, Industry and Competition Minister Ebrahim Patel, Agriculture, Land Reform and Rural Development Minister Thoko Didiza, Finance Minister Enoch Godongwana, and the South African Revenue Service Commissioner Edward Kieswetter.
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