The US, led by President Donald Trump’s administration, recently updated the list of developing countries benefitting from its trade remedy laws. South Africa, China and India, among other countries, were removed from the exemption list. In addition, South Africa’s preferential market access to the US is under review after the United States Trade Representative accepted a complaint from the International Intellectual Property Alliance that alleges South Africa’s Copyright Amendment Bill and Performers’ Protection Amendment Bill fail to “provide adequate and effective protection” of US copyrights. A negative ourcome may result in South Africa losing its preferential market access under the African Trade and Opportunities Act (AGOA) and the Generalized System of Preferences (GSP).
South African exports to the US may then be subject to the same general duties as products from other countries.
What is at stake?
This story is from the February 28, 2020 edition of Farmer's Weekly.
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This story is from the February 28, 2020 edition of Farmer's Weekly.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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