On 18 November the Department of Agriculture, Land Reform and Rural Development issued a Government Gazette notice “Procedures for the Application, Administration and Allocation of Export Quotas under the Economic Partnership Agreement between the European Union and Southern African Development Community for the Year 2021” in terms of the Broad-Based Black Economic Empowerment (BBBEE) Amendment Act, 2013.
Economic Partnership Agreement (EPA) between the Southern African Development Community (SADC) and European Union (EU) was signed by both parties on 10 June 2016 and came into effect on 01 October 2016. The SADC-EU EPA package contains agricultural products to be exported by South Africa into the European Union market under the Tariff Rate Quota (TRQ) regime. The SADC-EU EPA TRQ package offers South Africa enhanced market access for agricultural products.
A copy of the Government Gazette notice is available on request.
Story by: Riaan de Lange