Namibia’s new trade tools

Five things to know about Namibia’s proposed trade law

1. A new trade commission

The Bill would establish the Namibia International Trade Commission (NITC) to investigate trade matters, administer permits, advise government and manage trade remedies.

2. More tools to protect local industry

The framework would allow Namibia to respond to dumping, subsidised imports and sudden import surges through measures such as anti-dumping duties, countervailing duties, safeguards and quantitative restrictions.

3. Infant industries could receive protection

The minister could designate an industry as an infant industry and introduce measures, including additional duties or quantitative restrictions, to support it for a specified period.

4. Protection comes with a cost

Trade restrictions can help domestic producers but may also increase prices for consumers and costs for businesses that depend on imported inputs. The Bill provides for consultation and investigation before trade remedies are applied.

5. Stronger enforcement powers

The proposed law would give investigating officers powers to obtain information and inspect premises, documents and computer systems in specified circumstances. Certain offences could attract fines of up to N$1 million and/or 10 years in prison.

What happens next?

The Bill must still complete the parliamentary process before becoming law. If enacted, it would replace the Import and Export Control Act of 1994.