South Africa could lose privileged access to US markets – Foreign Policy Analyst Peter Fabricius

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Pressure is growing from the West on the South African government, because of its close relationship with Russia. President Cyril Ramaphosa is said to be sending an envoy to the US to discuss its relationship with Russia. Foreign Policy Analyst Peter Fabricius told BizNews that the South African government is concerned about losing the benefits of its inclusion in the African Growth and Opportunity Act (AGOA). AGOA allows Sub-Saharan countries to export products to the United States without tariffs. South Africa contributes the majority of AGOA exports at 56%. Fabricius says South Africa and the Russian leader are likely to wriggle out of the sticky situation of being forced to arrest Putin if he sets foot on South African soil for the BRICS summit. The International Criminal Court has issued an arrest warrant for the Russian President for war crimes in Ukraine. Learn more about your ad choices. Visit megaphone.fm/adchoices
17 Apr 2023 1PM English South Africa Investing · Business News

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