Swana said Agoa was 'a negligible portion of our trade with the US and can be replaced with trade in many other countries'.
'Ethiopia and others are no longer part of Agoa. Uganda is no longer part of Agoa, due to the gay and lesbian question.'Despite geopolitical differences, US-SA trade relations remained strong, with South Africa’s hosting this week of 20th African Growth and Opportunity Act forum in Johannesburg, seen by some analysts as a vote of confidence in the country.
University of South Africa political science professor Dirk Kotze and University of Johannesburg associate economics professor Peter Baur applauded Agoa, which has translated into US goods and services trade with SA totalling an estimated $25.5 billion last year – but independent political analyst Sandile Swana described the figure as “negligible”.Starting tomorrow, Agoa has provided new market opportunities to sub-Saharan Africa.
“Agoa gives the US an unworthy licence to interfere in the domestic affairs of African states, with special emphasis on forcing Africans to support US-Nato positions in world affairs. “Ethiopia and others are no longer part of Agoa. Uganda is no longer part of Agoa, due to the gay and lesbian question.”“Also significant is the role of imports from US, with key service exports from the US in the travel, financial services and intellectual property sectors.
“According to OEC World, in 2021 South Africa exported commodities in precious metals , metals , and other chemical products – earning a significant income for South Africa.
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