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December 3, 2008
Further industrial tariff cuts at WTO would be difficult for SA
Further industrial tariff concessions to unblock the current logjam in the Doha Round of trade talks would be "very difficult" for South Africa to bear, the Department of Trade and Industry (DTI) said on Wednesday, as the World Trade Organisation (WTO) hinted again to a possible mid-December meeting of ministers, which could be convened to agree modalities.
"That does not mean that we will not make a contribution to tariff cuts, we will do that. But we will not do that at the expense of our industries that are vulnerable, particularly in this difficult times in which we live, as a result of the economic downturn," DG Tshediso Matona asserted.
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Posted by StaffWriter at December 3, 2008 8:35 AM