ZAMBIA: Country Report 2012 SATH Audit of the Implementation of the SADC Trade protocol Mr. Nelson Chisenga, farming(a) Trade Economist DATE March 2012 I. Introduction 1.1Since 2007, the grey African Trade Hub (SATH) has undertaken a series of annual contempt audits on behalf of the SADC Secretariat designed to assess progress against the commitments and obligations of SADC fraction States and to propose remedial measures where necessary. During the Zambia rural visit, the SATH team sought to show up the experiences that South Africa has with regards to implementing the SADC Trade Protocol. In the main the team certain to highlight the experiences of exporters in taking advantage of the trade preferences afforded by the SADC Trade Protocol; to look back the status of tax phase downs and the implementation of Rules of Origin (RoO); document any Non-Tariff Barriers (NTBs) see; challenges with trade facilitation instruments and other private vault of heaven constraints. II. Zambias Trade Performance 2.1Zambias total export operative procedure has exhibited a general upward trend all over the finishing half decade. In 2011, Zambia exported products in excess of US$ 8,606,520,000 against imports of US$ 7,171,480,000 resulting in a trade balance of US$ 1,408,740,000.
This was an affix from 2010s total exports of US$ 7,331,640,000 and imports of US$5,233,110,000 denoting a trade balance of US$2,098,530,000. 2.2Overall, Zambias trade dual between 2007 and 2011. In 2011, copper exports increased to US$6,660,210,000 from US$5,767,860,000 preserve in 2010. However , there was a decline in atomic number 27 e! arnings from US$303,820,000 save in 2010 to US$256,010,000 in 2011. This general increase in export earnings was to a greater extent attributed to an upswing in the realized average outlay of copper and increased beg for metals resulting from the recovery of the world thriftiness from the impact of the global economical and financial crisis. 2.3During the last five...If you want to get a safe essay, order it on our website: BestEssayCheap.com
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