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Published byMolly Gordon Modified over 6 years ago
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THE EU - SADC EPA GROUP Economic Partnership Agreement
Gijs BERENDS DG TRADE
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Regional configuration
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ASYMMETRIC LIBERALISATION (estimates)
Tariff lines Trade volume EU offer to BLMNS Full liberalisation 100% (except arms and ammunition) EU offer to South Africa 94,9% 96,0% Partial liberalisation 3,2% 2,7% Excluded 1,9% 1,3% SACU offer to EU 84,9% 74,1% 12,9% 12,1% 2,2% 13,8%
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SAFEGUARDS Multilateral safeguard Bilateral safeguard - permanent
If EU applies a WTO safeguard, SADC EPA group will be exempted for five years. Bilateral safeguard - permanent When imports cause or threaten to cause injury to domestic industry Food security safeguard Where essential for the prevention or relief of shortages Agricultural safeguard – 12 years Automatic volume-based safeguard BLNS temporary safeguard – 12 years
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ARE EPAs DEVELOPMENT-ORIENTED?
Guaranteed duty-free, quota-free Asymmetric market access Large number of safeguards Flexible rules of origin Improves overall investment climate Elimination of export subsidies for agricultural products
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EPAs and POLICY SPACE Services, investment, public procurement, IPR, competition: no disciplines No standstill clause for products not subject to liberalisation Export duties flexibilities EPA countries more and more using trade measures to restrict imports: safeguards, infant industry, anti-dumping, local content
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SADC EPA EXPORT BASE Country Top-3 products Top-10 products Botswana
98,7% 99,9% Lesotho 99,7% Namibia 55,7% 90,4% South Africa 34,3% 59,5% Swaziland 88,5% 98,4% Mozambique 80,1% 97,6%
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EPAs and DIVERSIFICATION
Access to intermediate goods Protect sectors from industrialisation Export duties Infant industry Cumulation of origin
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NEXT STEPS Legal scrubbing now completed
Translation into all official languages completed Endeavour to have signature of the agreement in June 2016 Internal procedures towards ratification will commence after signature
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