DA agrees that Patel’s localisation plan should be withdrawn until all questions have been answered
highlighted the possibility that the government’s plans may be in contravention of several international trade law obligations emanating from the World Trade Organization’s General Agreement on Tariffs & Trade and the General Agreement on Trade in Services .
As Pillay rightly points out, the knee-jerk reaction under the guise of the Economic Reconstruction & Recovery Plan , and its mooted attempt to generate R200bn in value, pales by comparison to the AfCFTA, which gives SA businesses access to a $3.4-trillion market. Not only do we lose out on markets to export our goods and services and attract foreign direct investment, we also lose jobs. Moreover, there is this strange belief that we can do what we like and there we will be no consequences. How can we expect other member states to fully co-operate with measures envisioned by the AfCFTA when our government undermines them?
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