Johnathan Paoli
THE Department of Trade, Industry and Competition (DTIC) has expressed its confidence in the relationship between the country and the United States of America, despite no official renewal of the African Growth and Opportunity Act (AGOA) yet.
DTIC Minister Parks Tau and his deputy, Andrew Whitfield briefed the media on Tuesday and said the possible exclusion of South Africa, following rumoured tensions between the two countries, was not on the table.
This follows the attendance by Tau and Whitfield of the 21st AGOA Forum in Washington, DC, accompanied by a delegation, in order to engage with US stakeholders with a view to strengthen trade and investment relations.
AGOA provides for duty-free access to the US market for a significant portion of the country’s goods, SA’s second-largest export partner with R61.49 billion of goods exported to the US in the first five months of this year.
Tau said currently,
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