President Cyril Ramaphosa concluded his visit to the US by expressing hope for the renewal of the African Growth and Opportunity Act (AGOA).
Ramaphosa embarked on a four-day trip to the United Nations General Assembly, engaging with various countries on bilateral relations and meeting businesses to discuss investment opportunities.
He also held high-level talks with members of the US Chamber of Commerce and other dignitaries.
This visit aimed to boost American investment in South Africa and strengthen ties with the US.
A PLEA FOR THE RENEWAL OF AGOA
The US has extended AGOA several times since its inception in 2000, with its current validity extending until September 2025.
The act provides eligible sub-Saharan African countries with duty-free access to US markets and is designed to promote economic growth, good governance, and open trade.
As the expiry date approaches, Ramaphosa is lobbying for the renewal of AGOA.
He also urged businesses and private investors at the SA–USA Trade and Investment Dialogue to support this call.
TACKLING US AND SA TRADE ISSUES
Ramaphosa’s call follows the recent US 30% reciprocal import tariffs against South Africa in August 2025.
He stressed that these tariffs would damage South Africa’s economy.
The tariffs could also harm US businesses that rely on imports from South Africa.
As a result, South Africa has been in talks with Trump’s administration on a beneficial way forward.
In a closing interview with the media during his visit to the US, Ramaphosa said they had a ‘great’ briefing with the Minister of Trade, Industry and Competition, Parks Tau.
“South Africa has entered a phase of formal trade negotiations that will lead to a good end,” said Ramaphosa.
RAMAPHOSA’S CASE FOR THE RENEWAL OF AGOA
Ramaphosa is making the case that the renewal of AGOA will benefit both nations.
He highlighted South Africa’s role as a key trading partner while reinforcing trade stability and investment growth.
