South Africa risks losing its preferential market access to the US | Business

Thousands of South African products enter the world’s biggest market duty free under the African Growth and Opportunity Act, or AGOA, and the so-called Generalized System of Preferences, or GSP. South Africa shipped goods worth more than $15 billion to America last year, with $2.7 billion’s worth cleared under the two accords, US government data show.

South Africa’s Department of Trade, Industry and Competition didn’t respond to calls and text messages seeking comment. “Our ministers have a lot in common in terms of aspirations for these trade relationships. South Africa qualifies for AGOA because it meets the criteria that was set out in the legislation,” she said in a phone interview on Thursday. ‘“There is nothing they have done that says they are not meeting that criteria.”

_Business Just keep offloading mystery (military)cargo from US sanctioned Known Russian ships in our naval dockyards!! We will lose our total trade advantage into the US for certain!!

_Business We don't care they can cut ties if they want in this earth it's not only America a country they are many countries that we can trade with them without fear

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