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SOUTH AFRICA’S AGOA ELIGIBILITY CONFIRMED FOR 2024
- 04 January 2024
- Trade, Industry & Competition
- SA Legal Academy
South Africa is one of 32 sub-Saharan African countries eligible to benefit this year from duty-free access to US markets for certain products under the African Growth & Opportunity Act (AGOA). This is according to a list posted on the Office of the United States (US) Trade Representative’s website.
An opinion piece penned by Business Leadership SA CEO Busi Mavuso and published by Moneyweb in November 2023 referred to 1 January 2024 as the date on which AGOA eligibility would be announced for the coming year. Unfortunately, the article is available only to Moneyweb premium subscribers. However, the date features in a Moneyweb LinkedIn post circulated at the time.
An information sheet on AGOA and South Africa notes that motor vehicles and ferro alloys have topped the list of local products to have benefitted most from duty-free entry to the US since 2000. Others have included citrus and wine.
Published by SA Legal Academy Policy Watch