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JOHANNESBURG (AP) — The extension of the U.S. program allowing sub-Saharan African countries duty-free access to U.S. markets is expected to be high on the agenda of the U.S. Africa Growth and Opportunity Act (AGOA) trade forum that will begin in South Africa on Thursday. AGOA is U.S. legislation that allows sub-Saharan African countries duty-free access to the U.S. market provided they meet certain conditions, including adherence to the rule of law and the protection of human rights. In May, Biden threatened to remove Uganda from AGOA and impose sanctions following the passing of a controversial anti-gay law. They also called on the forum to be held in a different country to send a message to South Africa about the impact of its close ties to Moscow. An inquiry appointed by President Cyril Ramaphosa has since cleared South Africa of supplying Russia with arms.

Persons: Katherine Tai, Joy Basu, Joe Biden, ”, John Stremlau, AGOA, Ebrahim Patel, Biden, Ofwono Opondo, Yoweri Museveni, Cyril Ramaphosa, Ramaphosa, ___ Rodney Muhumuza Organizations: U.S, U.S ., African, Congress, Republicans, Central African, Republican, Democratic Locations: JOHANNESBURG, U.S, U.S . Africa, South Africa, Johannesburg, Niger, Uganda, Central African Republic, Gabon, Africa, South, AGOA, U.S . South Africa, Cuba, Iran, Russia, Ukraine, Moscow, Kampala

U.S. officials visiting South Africa this week to meet African trade ministers will face calls to reauthorise the African Growth and Opportunity Act (AGOA) which expires in 2025. Apparel companies and industry insiders warn that Africa risks a once-in-a-generation shift away from Chinese manufacturing passing it by, with an estimated 240,000 to 290,000 jobs such as Nasimiyu's under threat. Apparel has been the standout success story of AGOA, which launched in 2000 to help develop African economies and foster democracy. African apparel exports under the programme reached nearly $1.4 billion last year, double the amount pre-AGOA. "We've been struck by how open the opportunity is now for us," South African Trade Minister Ebrahim Patel said last week.

Persons: Norah Nasimiyu, Thomas Mukoya, Pankaj Bedi, Norah Nasimiyu's, We've, Ebrahim Patel, Stephen Lamar, Michael Walsh, Constance Hamilton, Biden, Greg Poole, Bedi, Joe Bavier, Duncan Miriri, Alexander Smith Organizations: United Aryan, Processing, The U.S, REUTERS, U.S . Congress, AFRICA Industry, African Trade, United States Fashion Industry Association, American Apparel and Footwear Association, Congress, Research, U.S . International Trade Commission, GSP, UAL, Thomson Locations: Ruaraka district, Nairobi, Kenya, China, NAIROBI, U.S, South Africa, Africa, Philadelphia, Moscow, Beijing, Russia, Lesotho, Madagascar, Ethiopia, AGOA, gridlock, United States, Johannesburg

☆ South Africa to host US-Africa trade summit despite Russia spat
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +3 min

South Africa's economic hub, Johannesburg, will host the U.S.-sub-Saharan Africa Trade and Economic Cooperation Forum from Nov. 2 to 4, U.S. and South African officials said in a joint statement on Wednesday. "As President Biden has said, the future is Africa," United States Trade Representative Katherine Tai said in the statement. Despite Pretoria's declared neutrality, perceived close ties between Russia and South Africa, an important U.S. trading partner in Africa, have ruffled feathers Washington. Pointing to South Africa's joint naval operations with China and Russia in February, and plans to host Russian President Vladimir Putin at a BRICS bloc summit, they also suggested South Africa's trade benefits under AGOA could be revoked. The lawmakers appeared to back up an explosive accusation by the U.S. ambassador to South Africa that a Russian vessel under sanctions collected weapons at a South African naval base last year.

Persons: Katherine Tai, Biden's, Jonathan Ernst, Biden, Tai, Pretoria's, Vladimir Putin, Putin, Ebrahim Patel, Joe Bavier, Grant McCool Organizations: Trade, REUTERS, Saharan, Saharan Africa Trade, Economic Cooperation, United States Trade, U.S . House, U.S . Senate, U.S, Thomson Locations: Washington , U.S, Russia, Washington JOHANNESBURG, South Africa, U.S, Africa, South, Johannesburg, Saharan Africa, Ukraine, Washington, China, Russian, AGOA, United States

☆ What is BRICS, which countries want to join and why?
▼ + stars: | 2023-08-21 | by ( ) www.reuters.com time to read: +4 min

All the BRICS countries are part of the Group of 20 (G20) of major economies. WHICH NATIONS WANT TO JOIN BRICS AND WHY? It has received backing from Russia and Brazil to join the BRICS. Bolivia's President Luis Arce has expressed interest in BRICS membership and is expected to attend the summit. Algeria said in July it has applied for BRICS membership and to become a shareholder in the New Development Bank, the so-called BRICS Bank.

Persons: Commerce Wang, Competition Ebrahim Patel, Goldman Sachs, Jim O'Neill, Luis Arce, Bhargav Acharya, Olivia Kumwenda, Tomasz Janowski Organizations: Commerce, Africa's, Trade, Industry, Competition, of Trade, Economic, United Nations, World Bank, of, Petroleum, WHO, Democratic, U.S, New Development Bank, BRICS Bank, Thomson Locations: South Africa, China, JOHANNESBURG, Brazil, Russia, India, Johannesburg, United States, United, Iran, Saudi Arabia, United Arab Emirates, Argentina, Algeria, Bolivia, Indonesia, Egypt, Ethiopia, Cuba, Democratic Republic of Congo, Comoros, Gabon, Kazakhstan, Cape Town

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