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  - AGRIFOCUSAFRICA.COM - A La Une - 22/Jun 22:13

South Africa faces export risks without AGOA deal

The Department of Trade, Industry and Competition presented the current export challenges to the Portfolio Committee in parliament, emphasizing the potential impact if South Africa is removed from the African Growth and Opportunity Act (AGOA). Ongoing trade negotiations include proposals to maintain tariffs at 10% or less and preserve preferential market access for added-value products.Agoa’s absence would impose tariffs on South African products in the U.S., reducing competitiveness. Wine and citrus industries may face increased tariffs, jeopardizing their market position. The wine industry, for instance, with exports to the U.S. valued at US$29.93 million, might see customs duties jump from […]

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