The South African Meat Imports and Exports Association has welcomed the one-year suspension of anti-dumping duties on chicken imported from Brazil, Spain, Poland, Ireland and Denmark.
The announcement was published in the Government Gazette earlier this week. The association says it could be a big win, especially for South Africa, which is short on cash.
The video below explains the cessation of anti-dumping duties on chicken imports.
Paul Matthew, CEO of the South African Meat Imports and Exports Association, said the disruption will affect chicken prices.
He said he would unravel the details of suspended tariffs in the coming weeks to better understand them.
“So what we have to look at now is … we don’t really have percentages. However, you can see chicken prices falling through retail outlets. What actually happened is that whatever the value is when dumping is applied, local producers take that value and add it to the price. Therefore, the consumer bears the cost. Because of the disruption, local producers are no longer able to raise prices as much as they do now,” explains Matthew.
The video below is the full interview.
Welcome to Stop Anti-Dumping Tariffs on Imported Chicken – SABC News
Source link Welcome to Stop Anti-Dumping Tariffs on Imported Chicken – SABC News