Discussions for a free-trade agreement (FTA) between India and the five-member South African Customs Union (SACU) nations may begin after the new government takes over in June, two people aware of the matter said.
The customs union includes South Africa, Namibia, Botswana, Lesotho and Eswatini.
After the Lok Sabha elections, India plans to reach out to SACU nations to launch trade talks, one of the persons cited above said.
Last year, discussions on the terms of reference were initiated, but not much progress was made thereafter.
An FTA with SACU nations will help India get greater access to the African
Also Read
India squad for SA: Rohit, Surya, Rahul named Tests, T20, ODI captains
India vs South Africa full schedule, squads, match timings, live streaming
India vs South Africa Test schedule, key stats, match time, live streaming
WCO-IAPH guidelines for customs, ports released
Cricket World Cup 2023 SA vs BAN Playing 11, toss result and live streaming
DPI, tax code make India attractive investment destination: WEF official
Coal, the dirtiest fossil fuel, is finally preparing for long goodbye
Govt allows UAE's Adnoc to export oil from Indian strategic storage
India-EFTA investment chapter: A new beginning
Exit the dragon: MSCI EM ex-China assets top $11 bn as pessimism grows