World8 sources

US to remove South Africa, Rwanda from AGOA trade program

  • The US will remove South Africa and Rwanda from the African Growth and Opportunity Act (AGOA) trade program.
  • This decision will strip both countries of duty-free access to the US market.
  • The move follows an annual review and formal notification to Congress and both governments.
  • Washington cites trade barriers and national security concerns as reasons for the exclusion.
  • South Africa's annual exports to the US, valued at $1.7 billion, will be affected.
US to remove South Africa, Rwanda from AGOA trade program | Split Angle