As US-South Africa relations bitter, South Africa is making ready to suggest a bilateral commerce settlement in case its preferential entry to the US market is revoked. The transfer comes amid rising issues that the Trump administration could alter commerce relations, probably affecting South Africa’s place below the African Progress and Alternative Act (AGOA). Officers, talking anonymously, confirmed {that a} staff is being ready to barter a direct commerce pact with the US, guaranteeing continued entry to the world’s largest financial system regardless of potential adjustments in diplomatic ties.
Supply: Bloomberg
