South Africa to increase U.S/ Brazil poultry duties

South Africa has announced that it will increase tariffs on poultry imports from the U.S. and Brazil, handing a boost to local producers who have called for fresh measures to counter the dumping of cheap overseas chicken.
Minister of Trade and Industry, Ebrahim Patel agreed to the new levies late last year and the measure will soon be made official.


The industry body applied for increased tariffs on the two countries to counter a flood of shipments sometimes under-priced to dodge import duties, resulting in annual losses of 6.5 billion rand ($436 million) for the local industry.
The country imported 383,000 tons of chicken in 2018, excluding mechanically deboned meat used to make processed food such as sausages, which is about 19% of total supply.

Your Friends Also Read:  Ghana receives $185 million IMF Fund following ECF review

While the South African Poultry Association applied for an increase in tariffs on frozen bone-in chicken pieces to 82% from 37% and on frozen boneless chicken cuts to 82% from 12%, the government will decide on the extent of the charges based on a recommendation from the International Trade Administration Commission of South Africa.


All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from News Central TV.

Contact: digital@newscentral.ng

Total
0
Shares

Leave a Reply

Previous Article

Botswana to auction elephant hunt permits

Next Article

Ramaphosa disagrees with SAA business rescuers

Related Posts