by Moneyweb / Ray Mahlaka
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by Moneyweb / Ray Mahlaka
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But South Africa’s inclusion into the trade pact is raising questions about the country’s dominance in relation to other African counters.
Introduced in 2000 by US Congress, Agoa provides South Africa and other African countries with duty-free access through exports to the US market. And South Africa’s agreement with the US expires in 2015.
Patrick Gaspard, US Ambassador to South Africa, said at the Nedbank and NEPAD business foundation on Tuesday that the world’s number one economy is behind Africa’s growth potential and Agoa’s renewal.
Available: http://www.moneyweb.co.za/moneyweb-south-africa/south-africa-ducks-agoa-exclusion-for-now