Related Keywords: barriers to trade in India, Brics, chemicals, different regions different processes, India is South Africa’s sixth-largest trading partner, India Sacu offer, proposed for preferential treatment, Sacu, sensitive sectors like clothing and textiles, sensitivity of some products, Trade agreement
India is South Africa’s sixth-largest trading partner with trade last year amounting to nearly R50bn. Barriers to trade in India and the sensitivity of some of the products it has proposed for preferential treatment are the main stumbling blocks to concluding a trade agreement. The negotiations between India and the Southern African Customs Union (Sacu) to provide a legal and institutional framework have been going on for nearly two years.
