Trade Facilitation for Global and Regional Value Chains in SACU
In this context, this note summarizes the findings of a recent World Bank, SACU Secretariat assessment of regional trade facilitation based on the Trade and Transport Facilitation Assessment (TTFA) methodology. The assessment looks at regional trade facilitation through the lens of value chains, with the objective to understand how the region’s trade and transport environment could be improved to facilitate more extensive and deeply integrated regional trade, linked to competitive participation in global value chains. The remainder of this note is structured as follows: section two provides a brief overview of regional trade and freight flows. This is followed in section three by a brief review of the trade and transport environment (including infrastructure and policy) across each SACU member state. Section four summarizes the findings of the detailed analysis, from a trade facilitation perspective, of the regional value chains in four key industry sectors: agro-processing; agro-processing; automotive; beef; and textiles/apparel. Section five then focuses on identifying potential solutions to three key trade and transport facilitation challenges identified through the value chain assessments. Finally, section six concludes.
Summary: | In this context, this note summarizes
the findings of a recent World Bank, SACU Secretariat
assessment of regional trade facilitation based on the Trade
and Transport Facilitation Assessment (TTFA) methodology.
The assessment looks at regional trade facilitation through
the lens of value chains, with the objective to understand
how the region’s trade and transport environment could be
improved to facilitate more extensive and deeply integrated
regional trade, linked to competitive participation in
global value chains. The remainder of this note is
structured as follows: section two provides a brief overview
of regional trade and freight flows. This is followed in
section three by a brief review of the trade and transport
environment (including infrastructure and policy) across
each SACU member state. Section four summarizes the findings
of the detailed analysis, from a trade facilitation
perspective, of the regional value chains in four key
industry sectors: agro-processing; agro-processing;
automotive; beef; and textiles/apparel. Section five then
focuses on identifying potential solutions to three key
trade and transport facilitation challenges identified
through the value chain assessments. Finally, section six concludes. |
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