By Thebe Mabanga
Trade, Industry and Competition Minister Parks Tau expressed confidence that the African Growth and Opportunity Act (AGOA), which is due to expire on Tuesday, will be renewed with South Africa retained as part of the programme, arguing that it enjoys bipartisan support in the United States Congress.
Tau has had extensive engagements with American senior trade representatives, Members of Congress and business leaders in Washington and New York, where he supported President Cyril Ramaphosa ahead of the 80th United Nations General Assembly and the SA US Trade and Investment Dialogue.
“The overall message was that there remains broad support for the renewal of AGOA in Congress across the aisle,” Tau said on a statement.
“However, questions remained on the period of renewal, the timing of when AGOA will be renewed, and also the legislative vehicle for renewal.”
Tau said AGOA may be renewed for a short-period of
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