R35 billion SA exports are at stake in a ‘review’ which was triggered by a complaint from US movie, music, software and book publishing companies saying SA is not protecting intellectual property.
The Office of the United States Trade Representative launches a review of SA's eligibility for duty-free imports under the Generalized System of Preferences, or GSP. The review threatens South Africa's access to the entirety of American systems set up to encourage growth through trade. The exports threatened include – but go beyond – exports to America under the African Growth and Opportunity Act (Agoa).
Dates for the review process have not yet been set.
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