Home
FacebookTwitterSearchMenu
  • Subscribe
  • Subscribe
  • News
  • Features
  • Knowledge Library
  • Columns
  • Customs
  • Jobs
  • Directory
  • FX Rates
  • Categories
    • Categories
    • Africa
    • Air Freight
    • BEE
    • Border Beat
    • COVID-19
    • Crime
    • Customs
    • Domestic
    • Duty Calls
    • Economy
    • Employment
    • Energy/Fuel
    • Events
    • Freight & Trading Weekly
    • Imports and Exports
    • Infrastructure
    • International
    • Logistics
    • Other
    • People
    • Road/Rail Freight
    • Sea Freight
    • Skills & Training
    • Social Development
    • Sustainability
    • 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.

South Africa faces 30% tariff hike as Trump’s trade overhaul shakes global economy

Customs
Economy
International
02 Apr 2025
0 Comments

SA and US officials discuss equity laws

Economy
Other

The delegation sought to clarify the country’s expropriation and race-based laws.

02 Apr 2025
0 Comments

Ramokgopa announces transmission line pilot plan

Logistics
Other

The government has invited the private sector to partner by investing in the construction of new electricity infrastructure.

02 Apr 2025
0 Comments

Cargo volume uptake drags on GRIs

Logistics

Analysts at Clarksons Securities suggest that the recent spot rate increases may only offer a temporary reprieve.

02 Apr 2025
0 Comments

New Ethiopian Airport gets a billion-dollar AfDB injection

Air Freight

The state-of-the-art airport will be constructed in Bishoftu, about 40km from Addis Ababa  airport.

02 Apr 2025
0 Comments

Increased role of private-sector vets could ease FMD burden on farmers

Imports and Exports
Logistics
Other

Strict movement protocols to be modified to ease movement on non-affected farms.

02 Apr 2025
0 Comments

Fuel price brings much-needed relief to transport industry

Logistics
Road/Rail Freight

The latest big decline in the price of petrol and diesel comes on the back of lower crude oil and petrol product prices and a stronger rand.

02 Apr 2025
0 Comments

Trump's 'Liberation Day' tariffs a major threat to SA (*)

Imports and Exports

The citrus and automotive industries could suffer significantly if Agoa benefits are revoked.

02 Apr 2025
0 Comments

African airlines experience 5.7% drop in air cargo demand in February

Air Freight

The dip in demand is attributed to the extraordinary performance of February 2024.

01 Apr 2025
0 Comments

Border Management Authority says it’s G20-ready

Border Beat

It will be expected of the BMA to be ‘up to the task’ to ensure border safety and security.

01 Apr 2025
0 Comments

Cloud-based computing plays pivotal role

Logistics
Technology

Another emerging trend has been the widespread adoption of the Internet of Things (IoT), particularly in the road freight sector.

01 Apr 2025
0 Comments

Zimbabwe quiet but tense as Mnangagwa battles for survival

Africa
Other

Reports indicate growing indiscipline among security forces, with some resorting to criminal activities.

01 Apr 2025
0 Comments
  • More

FeatureClick to view

Durban & Richards Bay 6 June 2025

Border Beat

Zim's anti-smuggling measures delay legitimate freight operations
Yesterday
Cross-border payments remain a hurdle – Masondo
30 May 2025
BMA steps in to help DG and FMCG cargo at Groblersbrug
21 May 2025
More

Featured Jobs

New

Seafreight Import / Export Controller DBN

Tiger Recruitment
Durban
06 Jun

CargoWise Specialist

Switch Recruit
Eastrand
05 Jun

Estimator

VDM Cargo Solutions (Pty) Ltd
Brackenfell, Cape Town
05 Jun

Sea Freight Import Controller

VDM Cargo Solutions (Pty) Ltd
Brackenfell, Cape Town
05 Jun
More Jobs
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us