Definition
Specific to the SACU-EFTA or EU-SADC EPA agreements, where only a certain volume of products (like wine or beef) can be exported at zero duty. Once the quota is filled for a given period, the preferential rate no longer applies and standard MFN duties kick in.
Frequently asked questions
What is Quota Allocation?
Specific to the SACU-EFTA or EU-SADC EPA agreements, where only a certain volume of products (like wine or beef) can be exported at zero duty. Once the quota is filled for a given period, the preferential rate no longer applies and standard MFN duties kick in.
Which glossary terms are related to Quota Allocation?
Quota Allocation is a regional trade term in the South African import/export industry. Related terms in the same area include AfCFTA Tariff Phase-Down, AGOA (African Growth and Opportunity Act), CBAM (Carbon Border Adjustment Mechanism), Certificate of Origin, COMESA (Common Market for Eastern and Southern Africa) — each has its own plain-English definition in the TradeCaravan glossary.