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DIRECTORATE INTERNATIONAL TRADE AMERICAS AND ASIA DESK. PRESENTED BY: Ms PINDIWE JARA 28 AUGUST 2008. OVERVIEW. Trade negotiations with countries of Americas, Asia-Pacific and the Far-East For Americas there is AGOA and SACU-MERCUSOR PTA Currently involved in negotiations with India - PowerPoint PPT Presentation
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DIRECTORATE INTERNATIONAL DIRECTORATE INTERNATIONAL TRADETRADE
AMERICAS AND ASIA DESKAMERICAS AND ASIA DESK
DIRECTORATE INTERNATIONAL DIRECTORATE INTERNATIONAL TRADETRADE
AMERICAS AND ASIA DESKAMERICAS AND ASIA DESK
PRESENTED BY: Ms PINDIWE JARA
28 AUGUST 2008
22
OVERVIEWOVERVIEWOVERVIEWOVERVIEW
Trade negotiations with countries of Americas, Asia-Pacific and the Far-East
For Americas there is AGOA and SACU-MERCUSOR PTA
Currently involved in negotiations with India
China is a possibility
No agreement with Asian countries, normal import duties apply
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AGOA: BENEFITS AND OPPORTUNITIESAGOA: BENEFITS AND OPPORTUNITIESAGOA: BENEFITS AND OPPORTUNITIESAGOA: BENEFITS AND OPPORTUNITIES
African Growth and Opportunity Act (AGOA) is the unilateral preferential trade programme offered by the United States
Last year South Africa used 25% of its agricultural export opportunities.
AGOA was signed in 2000 with an expiry date of 2015 then a new arrangement will come to effect.
AGOA grants duty free, quota free market access to sub-Sahara African countries
Under AGOA, South African agricultural exports to the US have increased over the past years.
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SACU-MERCOSUR PTA: BENEFITS AND OPPORTUNITIESSACU-MERCOSUR PTA: BENEFITS AND OPPORTUNITIESSACU-MERCOSUR PTA: BENEFITS AND OPPORTUNITIESSACU-MERCOSUR PTA: BENEFITS AND OPPORTUNITIES
SACU-MERCOSUR Preferential Trade Agreement is concluded, could be implemented next year
MERCOSUR comprises of Brazil, Argentina, Uruguay and Paraguay
SACU-MERCOSUR PTA covers a narrow range of products in industrial, agricultural and fisheries.
The benefits are in the form of reduced tariffs (25%-100%)
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ENDEND ENDEND
THANK YOU
NDIYABULELA