1. www.tradelawchambers.co.za An overview of International trade regulation as it applies to the Red Meat Industry SA Feedlot Association – Cattleman’s Conference 10 March 2011 Lambert Botha Director Trade Law Chambers

2. 2 Talking Points  The regulatory framework  Multilateral (WTO) – fundamental principle of non-discrimination  Regional  Bilateral  Multilateral: Agreement on Agriculture  three pillars: export competition, domestic support and market access  Market access:  Tariffs – Bound v. Applied rates  Trade remedies – AD, CV and SG  Export restrictions – export taxes v. QRs  NOT TARIFF BARRIERS (NTB’s) = Sanitary + Phyto-sanitary Measures

3. 3 Talking Points  Sanitary Measures  Level of Risk +Risk assessment;  Principle of equivalence;  Scientific justification;  No arbitrary or unjustifiable discrimination;  Implications: Role of NTB to increase  Requires a level of competency - in government and industry (good management practices);  Requires a fair understanding of rules of the game;  Requires an understanding of the political economy of trade;  Requires active participation in international standard setting bodies (International Office of Epizootics, Codes Alimentarius etc.) – principle of harmonisation;  Requires from industry to be well organised and mobilized.

4. Thank you 4