Alan Peat
A WARNING has come from the World Trade Organisation (WTO) to South Africa to get its anti-dumping regulations sorted out, according to Riaan de Lange, head of the Deloitte & Touche international trade division.
SA is one of the top seven users of the anti-dumping mechanism, he told FTW, but the actions are being conducted on an unstable legal foundation.
According to Jan Woznowski, the director of WTO's rules division, said De Lange, it is important for countries using the anti-dumping instrument to have proper regulations in place.
SA has not yet implemented the WTO regulations covering anti-dumping.
This, Woznowski told De Lange, could lead to such anti-dumping decisions being overturned by the WTO as they were being made in a legal vacuum.
On further investigation, De Lange told FTW, he has been given promises that this vacuum may soon be filled.
Assurances have been forthcoming from the Department of Trade and Industry, he said, that government would be producing a framework for anti-dumping regulations in the near future.
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