Trade Policy and Strategy Framework


The Role of International Trade and Administration Commission (ITAC)



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The Role of International Trade and Administration Commission (ITAC)

  • Mandate defined by the International Admin Act 2002.
  • Has developed a sophisticated and rigorous methodology that includes firm level investigations.
  • Sets tariffs on the basis of cost-and-benefit analysis, guided by evidence and responding to the imperatives of industrial policy:
    • Competitive position of the product; whether the product or substitute is manufactured in SACU; effective rate of protection; value chain implications; and macro-economic & social impact.
  • Deals with applications for tariff changes and trade remedies.

Strategic Integration into the Global Economy

  • There are other areas that are prioritised in SA’s trade policy and Strategy Framework:
    • African Agenda: mainly focused on building trade and investment relations across the continent; building effective regional markets; enhancing production capacities; sustaining regional integration; and cross-border infrastructure development through spatial development initiatives (SDIs).

Strategic Integration

    • Regional & Bilateral Relations: Intra-Africa trade remains important to SA. This remains low (10 %) and needs to be enhanced. More positively, this is worth 21 percent of total exports for African countries although the intra-Africa trade ratio is 10 percent. SA continues to pursue regional arrangements both in Southern Africa & beyond: SADC Trade Protocol & SACU; SACU-EFTA FTA; SACU-MECOSUR PTA.
    • (negotiating outcomes to deal with non-tariff barriers as well; as well as to forge sectoral agreements that could benefit SA).

Strategic Integration

  • SACU and SADC
    • SA remains committed to pursuing regional integration in the context of SACU & SADC.
    • The new SACU Agreement that entered into force in 2004 represents important departures: establish a democratic, consensus-based decision making mechanism; foresees new supranational institutions including a Tribunal to settle disputes, a SACU Tariff Board to determine changes to the CET, and a Secretariat; envisions deeper integration through development of common policies; and establish a revenue-sharing formula.

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