US preferential trade agreement Agoa is a gift for Africa — but, for South Africa at least, it’s a gift that mayPicture: 123RF/inkdrop
Our textile industry is just as disappointing. Other African nations sell clothing into the US under Agoa, but South Africa cannot compete with less developed nations on the continent. Late in 2019 Namibia became the first African country to gain permission to export beef to the US. If Namibia can do it, so can weWere Joe Biden’s government to revoke our special status, it wouldn’t be without precedent. Other African nations that have earned Washington’s ire have been given the boot. Just last year Ethiopia lost its designation under Agoa, chiefly because of evidence of human rights violations in the turbulent northern region of Tigray.
First, no more military exercises with Russia; there is nothing to gain from these. In a context where much of the world sees Vladimir Putin’s regime as the instigator of a war of aggression, all this does is alienate us from more important trading partners.
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FRANCOIS FOUCHE: Trading down? South Africa’s game of Russian rouletteUS preferential trade agreement Agoa is a gift for Africa — but, for South Africa at least, it’s a gift that may not keep on giving, writes FrancoisFouche0.
Source: FinancialMail - 🏆 20. / 63 Read more »