US House committee approves Africa trade bill, no mention of South Africa exclusion for now
A US House committee on Wednesday approved a bill that would renew for another three years Washington's preferential trade programme for Africa, and there was no immediate mention of excluding South Africa as the US trade envoy had said was possible.
The African Growth and Opportunity Act (AGOA), a law first enacted in 2000 to provide duty-free access to the US market for eligible sub-Saharan African countries and products, expired in September and hundreds of thousands of African jobs are estimated to depend on it.
US Trade Representative Jamieson Greer said on Tuesday the Trump administration was open to a one-year extension but might exclude South Africa, which he described as a "unique problem".
The US House Committee on Ways and Means approved the AGOA Extension Act by a vote of 37-3, a committee statement said, describing the trade initiative as "the cornerstone of economic relations between the US and sub-Saharan African nations".
"An extended lapse in AGOA would create a void that malign actors like China and Russia will seek to fill," the statement added.
The bill will pass to the full House of Representatives, though it is not yet clear when it will take it up.
SOUTH AFRICA FIGHTING TO STAY IN AGOA
South Africa's trade ministry says it is doing everything it can to ensure the country is included in any AGOA extension, even though relations with the US have soured badly during Trump's second term in office.
Trump has railed against Africa's biggest economy for its policies addressing racial inequality, and trade official Greer says it needs to lower tariffs and non-tariff barriers on US products for the US to reduce the 30% duties it imposed on South African goods in August.
South Africa says the Trump administration based its tariffs on an inaccurate view of the two countries' trade.
A trade ministry spokesperson said South Africa was tracking the progress of the AGOA Extension Act closely.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation


















