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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
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DIRECTORATE INTERNATIONAL TRADEAMERICAS 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 • China is a possibility • No agreement with Asian countries, normal import duties apply
AGOA: 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.
SACU-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%)
END • THANK YOU • NDIYABULELA