Aug 05, 2014
Davies positive about SA's future in AgoaBack
Washington|Africa|Africa|America|South Africa|United States|Product|Barack Obama|Jacob Zuma|John Kerry|Rob Davies|Sub-Saharan Africa
"What we heard today is positive, it does create a basis for us to move further forward in our co-operation with the US," he told reporters after the meeting.
"We weren't talking about any particular country but there was no idea that any of us were going to be excluded either."
Davies said the discussions at the meeting had been more general but South Africa was "part of the story".
The final decision on whether to renew the Agoa, which was first signed in 2000, would be made by the US Congress next year.
Representatives from Congress were present at Monday's meeting where statements were made by the African countries involved, US State Secretary John Kerry, and a US trade representative to name a few.
Agoa is a non-reciprocal prefer trial scheme, which applies only to US imports from eligible Sub-Saharan Africa countries.
A South African delegation, led by President Jacob Zuma, was in America attending a three-day US-Africa summit, which was initiated by President Barack Obama. This is the first summit of its kind.
Agoa was one of the key issues to be discussed at the forum.
Around 40 Sub-Saharan countries, which were part of the Agoa, wanted the act to be renewed for another 15 years, saying it would have a positive effect on investor confidence.
"People from both sides of the [US Congress] isle... all unanimously expressed the view that they would be supporting the reauthorisation of Agoa and more or less in its current form," Davies said.
"There was a high level of consensus around some very fundamental principles."
The US administration told the meeting that it would look at the possibility of improving the product coverage of Agoa.
He said it was also willing to look at the rules of origin, with the view of simplifying the rules of the act.
It was agreed that Agoa had brought benefits to African countries and also to the US.
There had been some concern from Congress about how some of South Africa's legislation would affect meat and poultry and the issue of ownership.
Davies said these issues were discussed and some compromises were made.
In terms of beef and pork, it was agreed that certain restrictions would be lifted on specific cuts of meat.
With poultry it was decided that the industry in South Africa and the industry in the US would engage on an association to association level.
"We don't think the Agoa is broken and we don't need to fix it. That appears to be the consensus," he said.
Edited by: SapaComment Guidelines (150 word limit)
Other Trade News
Article contains comments
Recent Research Reports
Steel 2015: A review of South Africa's steel sector (PDF Report)
Creamer Media’s Steel 2015 report provides an overview of the key developments in the global steel industry and particularly of South Africa’s steel sector over the past year, including details of production and consumption, as well as the country's primary carbon...
Projects in Progress 2015 - First Edition (PDF Report)
In fact, this edition of Creamer Media’s Projects in Progress 2015 supplement tracks developments taking place under the Renewable Energy Independent Power Producer Procurement Programme, which has had four bidding rounds. It appears to remain a shining light on the...
Electricity 2015: A review of South Africa's electricity sector (PDF Report)
Creamer Media’s Electricity 2015 report provides an overview of State-owned power utility Eskom and independent power producers, as well as electricity planning, transmission, distribution and the theft thereof, besides other issues.
Construction 2015: A review of South Africa’s construction sector (PDF Report)
Creamer Media’s Construction 2015 Report examines South Africa’s construction industry over the past 12 months. The report provides insight into the business environment; the key participants in the sector; local construction demand; geographic diversification;...
Liquid Fuels 2014 - A review of South Africa's Liquid Fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2014 Report examines these issues, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing, competition in the sector, the...
Water 2014: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2014 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
This Week's Magazine
Forest products group Sappi has confirmed the selection of its 25 MW biomass-to-power project, to be erected at its Ngodwana mill, in Mpumalanga, as a preferred bidder under the South African government’s Renewable Energy Independent Power Producer Procurement...
Information and communications technology (ICT) distributor DCC is making Windows- and Android-operating systems tablets available through retailers and education equipment suppliers to provide school children with affordable, high-performance education tools. The...
Another cement manufacturer is set to enter the Ugandan market, raising hopes that prices will come down and spur growth in the construction industry. National Cement, a Kenyan manufacturer, has unveiled plans to invest $195-million in a new manufacturing plant in...
With growth rates exceeding that in the developed world – at an average of between 4% and 5% between 2002 and 2014 – African countries provide investors with ample reason to tap into booming consumer demand says Manufacturing Circle executive director Coenraad...
The South African Chamber of Commerce and Industry’s (Sacci’s) Business Confidence Index (BCI) decreased by 3.7 index points month-on-month to 89.1 in March.