Sacci voices concern over Agoa impasse
The South African Chamber of Commerce and Industry (Sacci) on Wednesday raised a red flag over the delay in resolving the impasse between South Africa and the US on the issues surrounding the African Growth and Opportunity Act (Agoa).
South Africa’s future in respect of Agoa was currently hanging in the balance, with jobs and billions of rands at risk, as the US mulls whether to move forward on its promise of shutting the country out of some of the duty-free trade benefits of the trade agreement.
This emerged shortly after the country failed to meet the US-stipulated deadline to meet the demands of the Western powerhouse to eliminate the barriers to US poultry, beef and pork trade with South Africa.
“While we appreciate the need for South African health authorities to control and manage the standards of health around what is being imported into the country, we urge all parties involved in the impasse to do everything reasonably possible to resolve all outstanding issues so that this does not negatively affect trade relations between South Africa and the US,” Sacci said in a statement.
It added that it trusted all parties to resolve outstanding issues to the mutual benefit of both countries, as the exclusion of specified agricultural products would spread from the immediate impact to the agricultural sector and would affect overall trade in South Africa negatively.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation