South Africa and US Revive Trade Agreemen

S.A’s Trade, Industry and Competition minister, Parks Tau says South Africa and the US have agreed to the revival of the bilateral Trade and Investment Framework Agreement. This will be in addition to the African Growth and Opportunity Act, which is due to expire next year. Tau says he is confident that South Africa does not stand the risk of being excluded from AGOA, which exempts certain African countries from taxes on their exports to the US:

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