SACU-Mercosur Preferencial Trade Agreement (PTA)
|Countries Involved:||South Africa, Botswana, Lesotho, Namibia, Swaziland, Brazil, Argentina, Paraguay, Uruguay,|
|Area of Cooperation:||Tariffs, goods|
The PTA creates a basis for further integration and cooperation including through possible further exchanges of tariff preferences, and cooperation on any other area. It establishes a legal framework to govern SACU and MERCOSUR trade relations.