No Cliff Edge
Engineering News|Engineering News 24 March 2017

Outgoing high commissioner sees better post ­brexit trade deal for SA. 

Terence Creamer
No Cliff Edge

 Outgoing British High Commissioner to South Africa Dame Judith Macgregor says there will be no “cliff edge” in the trade and investment relationship between the UK and South Africa when Britain leaves the European Union (EU), arguing that there is even potential to strengthen the relationship both bilaterally and through a revitalised Commonwealth.

Speaking at a South African Institute of International Relations event ahead of her retirement at the end of March, Macgregor said it was too early to outline the precise mechanisms for ensuring that “no gaps” emerged in a trade relationship that is currently governed by the recently ratified Economic Partnership Agreement (EPA) between the EU and six Southern African countries, including South Africa.

However, she said there was a com­mitment from both sides to sustained “EPA­like” terms in the immediate aftermath of Brexit, whereafter the intention was to negotiate an enhanced trade and investment relationship.

“All I can say at the moment is that the aim is not to go backwards from that and not to agree on anything that would be worse for South Africa than the EPA.”

Similar sentiments have been expressed by South Africa’s Trade and Industry Minister Dr Rob Davies who reported recently that an in­principle understanding had been reached that there would be no damage to existing trade and investment relations as a result of Brexit.

“We also agreed that the legal com­mitments under the EPA with the EU, including the UK, will continue to be the basis for our bilateral trade in the immediate future and that those com­mitments would be carried over into any new arrangement in future.

Esta historia es de la edición Engineering News 24 March 2017 de Engineering News.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

Esta historia es de la edición Engineering News 24 March 2017 de Engineering News.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

MÁS HISTORIAS DE ENGINEERING NEWSVer todo
Energy Efficiency & Management
Engineering News

Energy Efficiency & Management

Importance of energy efficiency highlighted at DoE conference.

time-read
4 minutos  |
December 09, 2016
Biofuels
Engineering News

Biofuels

Innovation earns company biofuels award.

time-read
4 minutos  |
December 09, 2016
Security Technology For Business
Engineering News

Security Technology For Business

Power instability leads to security technology changes in South Africa.

time-read
3 minutos  |
December 09, 2016
Corridor Crowd­-In
Engineering News

Corridor Crowd­-In

eThekwini seeks private investment around public­transport corridor.

time-read
3 minutos  |
December 16, 2016
Taking Off
Engineering News

Taking Off

Fourteen airport rail links planned in Africa, including two more in SA.

time-read
8 minutos  |
December 16, 2016
New gas projects will be economical – Aurecon
Engineering News

New gas projects will be economical – Aurecon

With two major gas-to-power projects under way in the country, consulting company Aurecon believes that the two, possibly three, gas power stations associated with the projects can be economical as existing infrastructure can be used to support them.

time-read
3 minutos  |
December 16, 2016
Construction to continue at Kathu
Engineering News

Construction to continue at Kathu

Next year, global engineering and technology company Sener will continue to provide the engineering, procurement and construction services for the 100 MW Kathu concentrated solar power (CSP) project in South Africa’s Northern Cape, in conjunction with its joint venture partner Acciona.

time-read
3 minutos  |
December 16, 2016
Transformative
Engineering News

Transformative

Meeting 60% local content goal would transform economy, create 49 000 jobs.

time-read
2 minutos  |
Engineering News 28 April 2017
Control And Instrumentation Play Rugged Role In Industry
Engineering News

Control And Instrumentation Play Rugged Role In Industry

The uptake of new infor-mation technology (IT) in industrial automation has traditionally been at a slower rate compared with that of the broader information and communication technology (ICT) sector, says the Society for Automation Instrumentation, Measurements and Control (SAIMC) professional services portfolio head Petrus Klopper.

time-read
3 minutos  |
Engineering News 28 April 2017
Sewer Manual To Be Published Next Month
Engineering News

Sewer Manual To Be Published Next Month

Plastic pipes manufacturer DPI Plastics will publish its comprehensive sewer product manual next month that provides detailed information on its range of polyvinyl chloride (PVC) pipe applications and installations in the sewage and effluent sector.

time-read
1 min  |
Engineering News 28 April 2017