Introduction to Global Trade

Course Description

An understanding of South Africa’s local political economy and how it is positioned in the global geopolitical environment.

Introduction – South Africa’s trade profile

• The role of ITAC
• The WTO legal framework
• South Africa and the WTO
• Industrial policy and the WTO
• South Africa’s binding regional trade framework

Learning Outcome 1:  Trade defence

• Tariffs and reciprocal agreements
• Anti-dumping
• Safeguard measures
• Countervailing measures
• Import and export control
• How to respond when faced with protectionist actions (AD, SG, CVD – unlikely for now, tariffs and import control)

Learning Outcome 2: Managing your customs risk

• Managing customs risk in a volatile environment
• Rapid rise in customs fraud
• Introduction to the customs fundamentals
• Classification
• Valuation
• Origin
• Data-driven customs risk management

Enquiries

Tel: 011 298 9400
Email: info@seifsadev.seifsa.co.za