While South Africa has continued to meet the criteria to benefit under the United States African Growth and Opportunity Act (Agoa) – despite its current internal political and economic turmoil – it’s possible the country’s inclusion under the legislation could be terminated earlier than 2025.
This is the view of Virusha Subban, customs and excise and international trade specialist and partner at law firm Bowman Gilfillan, who said the country should not seek to remain a beneficiary to the detriment of the local economy.
This after the imposition of conditions regarding US meat imports to SA which have devastated the local poultry industry and could be just the beginning of additional trade conditions.
SA is currently a beneficiary of Agoa which extends dutyfree access across 6000 tariff lines to 38 African countries, although the country only exports products on 400 of those lines.
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