India and the five-member Southern African ‌Customs Union (SACU) signed terms of reference this Wednesday to launch negotiations ⁠for a preferential trade agreement, as New Delhi seeks tariff relief for exports including automobiles, pharmaceuticals and industrial machinery.

The move ‌revives ⁠trade talks between India and SACU, comprising South Africa, Botswana, ⁠Namibia, Lesotho and eSwatini, after negotiations stalled ⁠following five rounds of talks held ⁠between 2002 and 2010.

–Reuters–