Home
FacebookTwitterSearchMenu
  • Subscribe
  • Subscribe
  • News
  • Features
  • Knowledge Library
  • Columns
  • Customs
  • Jobs
  • Directory
  • FX Rates
  • Categories
    • Categories
    • Africa
    • Air Freight
    • BEE
    • Border Beat
    • COVID-19
    • Customs
    • Domestic
    • Duty Calls
    • Economy
    • Employment
    • Energy/Fuel
    • Freight & Trading Weekly
    • Imports and Exports
    • Infrastructure
    • International
    • Logistics
    • Other
    • People
    • Road/Rail Freight
    • Sea Freight
    • Skills & Training
    • Social Development
    • Technology
    • Trade/Investment
    • Webinars
  • Contact us
    • Contact us
    • About Us
    • Advertise
    • Send us news
    • Editorial Guidelines
Africa
Imports and Exports
International

SA moves closer to trade cliff with the US

13 Jun 2023 - by Staff reporter
 Source: ATDC
0 Comments

Share

  • Facebook
  • Twitter
  • Google+
  • LinkedIn
  • E-mail
  • Print

A bipartisan group of American lawmakers have asked the US administration of President Joe Biden to punish South Africa for what it sees as the country's support for Russia's war in Ukraine.

This has emerged following a report in The New York Times, and comes in the wake of several recent ‘anti-US’ developments: naval exercises between South Africa, Russia, and China off the Richards Bay coast; a high-ranking military visit by SA National Defence Force generals to Moscow; the secretive docking of the sanctioned Russian vessel, Lady R, at Simon’s Town Naval Base in the Western Cape; and the subsequent controversial proclamations by US ambassador to SA, Reuben Brigety, about South Africa’s supposed support for the government of Russian President Vladimir Putin.

At the same time, the government of President Cyril Ramaphosa is trying to prevent a possible visit by Putin to South Africa in August to avoid adhering to an International Criminal Court warrant for his arrest on charges of war crimes.

According to a paper drafted by the lawmakers, it is recommended that a conference for the African Growth and Opportunity Act (Agoa) be moved to another country instead of South Africa, the designated host for the 2023 Agoa conference.

The New York Times says the request was made in a letter sent by the group of politicians last week.

Local business leaders and opposition parties such as the Democratic Alliance have warned that the potential ramifications of the ANC government’s ideological alignment with Russia could be disastrous for South African trade with the US.

At least 30% of local exports, ranging from food to furniture and automotive parts, could lose tariff-free benefits under Agoa if the Biden administration moved against the Union Buildings in Pretoria for refusing to unequivocally express its opposition to the war in Ukraine.

Ramaphosa’s government claims that it is non-aligned and is in the process of sending high-level envoys to Ukraine and Russia to lobby for a cessation of hostilities.

Actions and statements by several government ministers in South Africa have, however, made it clear that Ramaphosa’s Cabinet is unwilling to alienate Russia for the sake of US trade relations.

While trade benefits with the US through Agoa amount to tens of billions, South Africa’s trade balance with Russia is negligible.

Sign up to our mailing list and get daily news headlines and weekly features directly to your inbox free.
Subscribe to receive print copies of Freight News Features to your door.

Return to Red Sea unlikely to affect airfreight volumes – Iata

Air Freight

The core demand from time-sensitive markets that airfreight serves is unlikely to change.

29 Apr 2025
0 Comments

Ciltsa conference spotlights change in logistics

Logistics

The event will focus on measuring and managing the impact of change on transport businesses.

29 Apr 2025
0 Comments

Gauteng MEC launches public transport women’s help desk.

Logistics
Road/Rail Freight

The desk will provide a support system for women working in the taxi services, e-hailing and bus operations sectors.

25 Apr 2025
0 Comments

Ramaphosa and Zelenskyy strengthen trade ties

Economy
Imports and Exports

Ukraine wants to partner with South Africa to boost power generation and the production of fertilisers.

25 Apr 2025
0 Comments

Regional growth on upward trajectory – World Bank

Economy

The median inflation rate in the region declined from 7.1% in 2023 to 4.5% in 2024.

25 Apr 2025
0 Comments

Ports advance green corridor strategy

Logistics
Sea Freight

Driving the deployment of sustainable fuels on the Rotterdam-Singapore Green and Digital Shipping Corridor.

25 Apr 2025
0 Comments

Ro-ro behemoth sets sail for Brazil on maiden voyage

Logistics
Sea Freight
25 Apr 2025
0 Comments

Nersa backs LNG imports to secure SA gas supply

Logistics

Report supports the development of indigenous gas resources to reduce dependence.

25 Apr 2025
0 Comments

Tit-for-tat trade restrictions sour relations between AfCFTA states

Africa
Economy
Imports and Exports

For several years, South Africa has prohibited the importation of Tanzanian bananas.

25 Apr 2025
0 Comments

Namibia seeks to beneficiate energy discoveries

Africa
Logistics

The country is focusing on developing downstream infrastructure to develop to full-scale production capacity.

25 Apr 2025
0 Comments

Agile and scalable solutions needed for fast-changing market

Logistics

SA Cargo is enhancing its ro-ro routes and strengthening collaboration with its service providers to overcome the challenge of congestion.

25 Apr 2025
0 Comments

Softening freight rates point to downturn in NVOCC sector

Logistics
Road/Rail Freight
Sea Freight
Technology

“The logistics landscape is constantly evolving – especially when it comes to consolidation,” said Michelle Horner, trade and WWA manager for SACO.

24 Apr 2025
0 Comments
  • More

FeatureClick to view

Namibia 23 May 2025

Border Beat

BMA steps in to help DG and FMCG cargo at Groblersbrug
21 May 2025
The N4 Maputo Corridor crossing – congestion, crime and potholes
12 May 2025
Fuel-crime curbing causes tanker build-up at Moz border
08 May 2025
More

Featured Jobs

New

Branch Manager (DBN)

Tiger Recruitment
Durban
22 May
New

General Manager

Switch Recruit
Centurion
22 May

Clearing Controller

Lee Botti & Associates
Durban
21 May
More Jobs
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us