SA could lose its preferential market access to US

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United Kingdom News News

AGOA is due to expire in 2025 and US officials have previously said the qualifying criteria for beneficiaries could be revised or the programme may be replaced

SA could lose part of its preferential access to the US if its trade policies disadvantage American exporters relative to their developed-nation counterparts, according to people familiar with the matter. Picture: BLOOMBERG

. It would be surprising if SA’s trade terms remain as favourable as they currently are, said the people who are familiar with the talks about the accord’s future and spoke on condition of anonymity as the discussions are private. America maintains a close relationship with SA, said Constance Hamilton, the assistant US trade representative for Africa.

 

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