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Soybeans from the United States are once again eligible to enter South Africa. After a mid-summer drought that caused a 35 percent drop in production, South Africa needs to import soybeans to supplement domestic production and maintain crushing demand.
New Zealand has signed a free-trade deal with the United Arab Emirates - the fastest agreement the country has ever reached. After negotiations began in May, the country's trade negotiators concluded the deal in four months.
South Africa has suspended anti-dumping duties on poultry from Brazil, Denmark, Ireland, Poland, and Spain for a period of twelve months, but the duties remain in place for U.S. poultry.
On March 16, 2021, the International Trade Administration Commission (ITAC) announced plans to review the tariff structure of poultry.
The import tariffs and quotas for some Australian and New Zealand dairy products (including whole milk powder, whey, cheese, and anhydrous milk) were removed on January 1, 2021.
On January 26, 2021, New Zealand and China signed an Upgrade to the 2008 Free Trade Agreement (FTA).
South Africa has moved beyond considering whether section 25 of the Constitution should be amended to allow expropriation without compensation and has published a draft Bill inviting public comments.
A tax on sugary beverages that went into effect in April 2018 is straining the South African sugar industry. Adding to the pressure, in February 2019, the Minister of Finance announced a 5 percent....
Post has updated the FASTrak system and attests that the information in the database is current.
South Africa is the largest user of the African Growth and Opportunity Act (AGOA) for agricultural exports to the United States in the Southern African region.
While Southern African countries generally adopt Codex standards, there are concerns that many are missing the opportunity to shape or influence these standards due to their poor attendance....
On June 8, 2017, the South African National Assembly passed the Border Management Authority Bill.