South Africa could be 'graduated' out of Agoa
SA could be booted out of Agoa because the country has already benefitted enough
18 June 2023 - 06:11
If South Africa does not lose preferential access to US markets because of its relations with Russia, the country could be booted out because it has benefited enough from this deal.
Trade, industry & competition minister Ebrahim Patel admitted in parliament this week that in terms of the establishment of the Africa Growth & Opportunity Act (Agoa) and its objectives, the US could conclude that South Africa has gained enough from the trade arrangement and can be “graduated” out of it...
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