As members are aware,the EU Agricultural safeguard was gazetted last week.
It is a four year safeguard which has three and a half years still to run.
The applicable %s are: First 6 months- 35.3%,second year-30%,third year-25%,fourth year-15%.
We believe that this safeguard will simply make essential protein food more expensive for the poorer segments of our population-all this in the middle of a recession.It also comes at a time when local poultry is simply coining it and rolling in massive profits.All so unnecessary.
We have always believed that the implementation is unlawful and a breach of the Economic Partnership Agreement between SA and the EU.
Our legal team is currently studying the safeguard so that we can determine our future action plan.