Would exclusion from AGOA be catastrophic
South Africa’s agricultural export sector faces two important challenges: efficient logistics and uncertainty over continued access to the African Growth and Opportunity Act (AGOA).
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South Africa’s agricultural export sector faces two important challenges: efficient logistics and uncertainty over continued access to the African Growth and Opportunity Act (AGOA).
Even with duty-free access under the African Growth and Opportunity Act (AGOA), a quarterly trade report by Agbiz and AgriSA shows that agricultural exports to the US fell 28% year-on-year after several exporters shipped produce early to avoid the prospect of rising tariffs.
SA could learn as soon as 1 November whether it will retain its duty-free trade benefits under the African Growth and Opportunity Act.
South African brands have been handed a reprieve in the United States, but not certainty. The African Growth and Opportunity Act (AGOA), the US trade programme that has given eligible sub-Saharan African countries duty-free access to the American market since 2000, has been extended to 2028. That…