The USA is expected to review South Africa’s eligibility to AGOA, starting next week.
The United States Congress is set to review the eligibility of countries, including South Africa, for benefits under the African Growth and Opportunity Act next week, says Busi Mavuso, the CEO of Business Leadership South Africa .
On 13 June, a letter from prominent congressmen was sent to US officials responsible for national security and foreign relations, as reported by the New York. The letter urged for South Africa to be removed as the host country for the AGOA conference and raised concerns about South Africa’s role in the Act.
“If we care about AGOA eligibility and the tens of thousands of jobs it creates, then the time has come to clarify how we as a country do not threaten US security interests,” said Mavuso.Come out with the facts about Lady R, what it was doing docked in secret in South Africa and whether it was loaded with armamentsSet out a clear policy on the supply of weapons to Russia
“Eligibility will be determined before the end of the year, and the White House will announce which countries will continue to benefit under AGOA from next January. We have a narrow window of opportunity to make the case that it is in US interests to continue to give South Africa access to US markets,” Mavuso said.
The group’s research shows that South Africa accounts for 54% of all AGOA-related exports to the US – a significant portion by any measure.
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