SA lobbies to retain preferential access to US markets

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A South African government delegation will embark on a charm offensive in the US this week in a bid to defuse tensions with the African nation’s second-biggest trading partner over foreign policy and retain its preferential access to American markets.

Finance Minister Enoch Godongwana is among those who plan to meet with US lawmakers and lobby for South Africa to retain its eligibility to export goods duty free to the US under the African Growth and Opportunity Act. South Africa has maintained what it terms a non-aligned position toward the invasion, a stand that has irked Washington.

,” said Vincent Magwenya, South African President Cyril Ramaphosa’s spokesman. “This is despite some politicians in the US lobbying for our exclusion. expires in 2025 and US officials have previously said the qualifying criteria may be revised or the program may be replaced. South Africa ships cars and agricultural produce to the US under the accord. Last year, it exported $2.7 billion worth of goods using

 

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