Posted: August 28, 2020
The Department of Trade, Industry and Competition (the dtic) will launch the Export Barriers Monitoring Mechanism (EBMM) on Monday, 31 August 2020 starting from 10:00. The EBMM is a single channel for companies to report and receive assistance in resolving export barriers.
According to the Deputy Minister of Trade, Industry and Competition, Mr Fikile Majola, the EBMM is open to all companies that require assistance in overcoming export challenges. It is able to assist with barriers encountered locally and in foreign markets. Companies reporting to the EBMM will receive dedicated government support, with a comprehensive resolution strategy developed for each individual barrier.
“While the EBMM is open to receive barriers encountered in all markets, it will have a particular focus on smoothing trade with the rest of Africa. The African Continental Free Trade Agreement (AfCFTA) offers unprecedented opportunities on the continent, and building a conducive environment for the movement of goods in the region is key to unlocking the potential of the agreement,” says Majola.
He adds that the EBMM will be part of a comprehensive programme of work to address the non-tariff barriers that stifle regional trade.
He adds that firms making use of the EBMM will receive dedicated support from the dtic officials throughout a process designed to address their specific concerns.
The launch event will include an overview of the EBMM and how to make use of the system, details of special support for firms looking to trade with Africa, as well as a panel discussion on export barriers featuring top business leaders.
Sidwell Medupe-Departmental Spokesperson
Tel: (012) 394 1650
Mobile: 079 492 1774
Issued by: The Department of Trade, Industry and Competition
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