Slow motion trade tariff investigations are taking nearly three years to complete

Slow motion trade tariff investigations are taking nearly three years to complete

Slow motion trade tariff investigations are taking nearly three years to complete

The target is six months. The impacts on the economy are profound.

The International Trade Administration Commission (Itac) is taking nearly three years to complete open tariff investigations that should take six months.

That’s according to the latest Import Duty Investigation report just published by XA Global Trade Advisors, which shows that investigations by Itac – the body overseeing SA’s trade regime – are taking longer than ever before, with results that are increasingly unpredictable.

Read the full article on Moneyweb

About Ciaran Ryan 1475 Articles
The Writer's Room is a curated by Ciaran Ryan, who has written on South African affairs for Sunday Times, Mail & Guardian, Financial Mail, Finweek, Noseweek, The Daily Telegraph, Forbes, USA Today, Acts Online and Lewrockwell.com, among others. In between he manages a gold mining operation in Ghana, and previously worked in Congo. Most of his time is spent in the lovely city of Joburg.