Botswana pioneers SACU tariff body
Botswana is expected to break new ground by becoming the first SACU member to establish a national body responsible for various trade issues including tariffs.
Under a 2002 agreement, the five SACU members have an April 2011 deadline to establish such a body. The Botswana Ministry of Trade and Industry says the national body will be responsible for investigating and evaluating applications with regard to alleged dumping or subsidised exports into the country. It will institute safeguard measures, amend customs duties/tariffs and make recommendations to the SACU Tariff Board.
The national body will determine eligibility for [continue reading]