EAC-Sacu tariffs negotiations to conclude by end-July

The tariff schedule negotiations under the free trade agreement (FTA) between partners in the East African Community (EAC) and the Southern African Customs Union (Sacu) are expected to be concluded by the end of July. The tariff schedules were an important, commercially meaningful step towards the implementation of the tripartite, Common Market for Eastern and Southern Africa (Comesa), EAC and the Southern African Development Community (SADC) FTA, which will create a market of 26 countries, South African Trade and Industry Minister Dr Rob Davies said on the sidelines of the Manufacturing Indaba on Tuesday.