Lerato Mbhiza
President Cyril Ramaphosa said that while several nations have benefitted from the African Growth and Opportunity Act (AGOA), more needs to be done to enhance trade relationships between the United States (US) and African countries.
Ramaphosa said while making the opening address to delegates at the AGOA Forum, where representatives from several countries gathered from Friday.
AGOA is a trade agreement that gives eligible African countries preferential access to duty-free products on the US market.
The AGOA Forum brings together the United States and AGOA-eligible countries along with representatives from key regional economic organisations and stakeholders from the private sector, civil society, and labour to discuss how to strengthen trade and investment ties between the US and sub-Saharan Africa.
The Forum aims to promote resilient, sustainable, and inclusive economic growth and development.
Ramaphosa said the forum needs to establish reforms that will not only benefit big corporations but
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