TRALAC - Trade Law Centre

Trade and industry minister leads SA delegation to AGOA Forum

Monday, 09 July 2018

Source: ENCA (South Africa)

Trade and Industry Minister Rob Davies leaves on Sunday night for Washington DC in the United States for the 17th Africa Growth and Opportunity Act (Agoa) forum from July 11 to 12, the trade and industry department (DTI) said.

The Agoa forum took place annually on an alternating basis between sub-Saharan Africa and the US. The 16th forum was hosted by Togo in August last year, the DTI said in a statement.

The theme for this year’s forum was “Forging new strategies for US-Africa trade and investment”. The forum would focus on the implementation of Agoa, as well as strategies for deepening US-sub-Saharan Africa trade and investment relationships.

"AGOA is a unilateral US trade preference programme that provides duty-free, quota-free treatment for over 6400 tariff lines from 40 AGOA-eligible sub-Sahara African countries, including South Africa, into the United States market. South Africa is the largest non-oil Agoa-beneficiary country exporting products such as automobiles and auto parts, agricultural products, chemicals, steel, and aluminium products, among others," the DTI said.

Davies said this year’s forum provided an important platform to discuss how to preserve the Agoa preferences, as well as how the programme could support regional integration efforts in the continent, especially the regional value chains in light of the recent signing of the Africa Continental Free Trade Agreement.

Agoa had resulted in a relatively balanced, growing, diversified, and mutually beneficial trade relationship between South Africa and the US, Davies said.

 

Related News

2019 Mandela Washington fellowship for young African leaders

2019 Mandela Washington fellowship for young African leaders

Applications for the 2019 Mandela Washington Fellowship for Young African Leaders are now open. This program for young professionals aged 25-35 brings them together with like-minded change agents from all over sub-Saharan Africa. Fellows attend a six-week training course at a top university in the United States focused on one of three leadership tracks: Business, Civic...

28 September, 2018
'Protecting South Africa from US anti-trade action'

'Protecting South Africa from US anti-trade action'

South Africa may well be a “non-combatant” and an “innocent bystander” in the economic warfare which US President Donald Trump has launched against America’s major economic rivals, as trade and industry minister Rob Davies has frequently complained.  But it can and should act at least to mitigate the fallout from the gathering global contest, which now also...

20 September, 2018
SA poultry industry takes on US chicken quota as court case brews

SA poultry industry takes on US chicken quota as court case brews

The South African Poultry Association (SAPA) wants government to review the quota of US poultry imports, following the imposition of tariffs on local aluminium and steel products. In court papers filed in the North Gauteng Court, the organisation argues that US tariffs on SA steel and aluminium exports have affected the benefits that South Africa enjoyed under the...

17 September, 2018
South Africa: We will all be losers if we lose AGOA, Parliament hears

South Africa: We will all be losers if we lose AGOA, Parliament hears

Setting aside the African Growth and Opportunity Act (AGOA) will have dire consequences, members of Parliament heard on Thursday. Department of Trade and Industry (dti) Director General Lionel October was sharing developments on trade relations between SA and the US with the portfolio committee on trade and industry.  The South African Poultry Association (SAPA) has...

13 September, 2018
South Africa: 'US confirms it’s not using AGOA as leverage over land expropriation'

South Africa: 'US confirms it’s not using AGOA as leverage over land expropriation'

US officials have made no link between SA’s plan to expropriate land without compensation and the country’s access to trade benefits under the African Growth and Opportunity Act (Agoa), trade and industry minister Rob Davies said. One of the conditions for being eligible for Agoa, which favours 39 African nations by eliminating import levies on more than 7,000 products,...

05 September, 2018
SA farmers play 'chicken' with US tariffs

SA farmers play 'chicken' with US tariffs

Herman Pretorius is just the kind of white South African farmer U.S. President Donald Trump expressed concern for when he barged into the country's delicate land reform debate by ordering an investigation into the "large-scale killing of farmers". But for the greying, bespectacled 58-year-old, wading knee-deep through some 35,000 chickens at his isolated homestead in South...

29 August, 2018