It is notable that South Africa will still host the African Growth and Opportunity Act (Agoa) Private Sector Forum next month, given that several US lawmakers have called for it to be moved elsewhere, and have questioned the country’s preferential trade terms with the US under AGOA as such preferential access to the US markets is open only to African countries that do not threaten American security interests.

 

SA and US go into AGOA summit amid tensions over foreign policy, wars in Europe and Middle East

OPINION: The Agoa summit could not have come at a more awkward time for South Africa and the US. It will come amid the Palestinian-Israeli war that has divided global opinion. South Africa and the US are on opposing sides once again, writes Dr Sizo Nkala.
 

Cape Town — Last December's U.S.-African Leaders' Summit, hosted by President Joe Biden in Washington, DC, has helped re-establish ties and strengthen business relationships, according to senior American officials who briefed reporters and offered an assessment of progress made in the six months since the well-attended event took place.  

Trade, Competition and Industry Minister Ebrahim Patel has again expressed optimism that South Africa will be able to convince the US Congress to extend South Africa’s designation as an African Growth and Opportunity Act (Agoa) beneficiary beyond 2025, when the unilateral trade programme is due to expire.

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The Western Cape Provincial Parliament has passed a binding resolution confirming the province’s commitment to securing South Africa’s inclusion in the African Growth and Opportunity Act (Agoa).

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New trade deals with Asian and Middle Eastern markets are still many years away - so South Africa needs to protect its AGOA access, writes Wolfe Braude.
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