South Africa to con­sider EU poul­try-im­port safe­guard steps

The Pak Banker - - MARKETS/SPORTS -

South Africa is con­sid­er­ing safe­guard mea­sures on im­ports of frozen bone-in por­tions of chicken from Euro­pean Union mem­ber states. Eco­nomic De­vel­op­ment Min­is­ter Ebrahim Pa­tel has in­structed the na­tion's In­ter­na­tional Trade Ad­min­is­tra­tion Com­mis­sion to in­ves­ti­gate an ap­pli­ca­tion by the South African Poul­try As­so­ci­a­tion to im­pose mea­sures in terms of ar­ti­cle 16 of an agree­ment on trade, de­vel­op­ment and co­op­er­a­tion with the EU, ITAC said in the Govern­ment Gazette on Fri­day.

The sec­tion states that if im­ports of prod­ucts cause or threaten to cause dis­tur­bance in the mar­kets of the other party, the Co­op­er­a­tion Coun­cil, which over­sees the im­ple­men­ta­tion of the trade deal, will con­sider the mat­ter to find a so­lu­tion. The im­ports of bone-in chicken por­tions "from the EU are threat­en­ing to cause a se­ri­ous dis­tur­bance in the South African mar­ket," SAPA said, ac­cord­ing to the Govern­ment Gazette.

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