Source: China – South China Morning PostSouth Africa, China’s largest trade partner in the continent, and other Southern African Customs Union (SACU) members are suffering from an unforeseen barrier to enjoying Beijing’s zero-tariff policy.
The hurdle is eSwatini’s continued diplomatic recognition of Taiwan and hence exclusion from the favourable policy.
SACU customs deals are negotiated collectively among the five member states, which means none can unilaterally benefit from the preferential tariff exemption.
Beijing sees Taiwan as…Read More