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DIRECTORATE INTERNATIONAL TRADE AMERICAS AND ASIA DESK PRESENTED BY: Ms PINDIWE JARA 28 AUGUST 2008
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2 OVERVIEWOVERVIEW 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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3 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.
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4 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%)
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5 END END THANK YOU NDIYABULELA
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