Minister confirms conclusion of Agoa agreement
Trade and Industry Minister Rob Davies says SA will benefit from Agoa for the next 10 years.
CAPE TOWN - Trade and Industry Minister Rob Davies has announced that lengthy negotiations with the United States on the import of American poultry, beef and pork have now been concluded.
Davies says this means South Africa's set to benefit from Agoa, the African Growth and Opportunities Act, for the next 10 years.
In a statement, Davies says the first shipment of American poultry arrived in Durban last Friday and was cleared by port health authorities. That means it will be on supermarket shelves by 15 March.
US President Barack Obama had threatened to suspend the concessions South Africa enjoys under Agoa, the preferential trade agreement, if the deadline was not met.
This was the final hurdle for South Africa after months of intense and complex negotiations with the US.
Davies says talks are underway to ease exports of South African chicken breast, ostrich meat, avocados and mangoes to the US. He says the agreements reached will boost opportunities to deepen trade and investment relations between the US, South Africa and the African continent as a whole.