South Africa Plans US Mission to Lobby Against Review of Ties

South Africa Plans US Mission to Lobby Against Review of Ties

South Africa’s newly formed government will use an upcoming forum on US preferential trade access to push back against a Senate review of ties between the two countries.

The House of Representatives last month passed a law requiring a full assessment off bilateral relations and submitted it to the Senate for approval. South African business lobby groups have warned the legislation threatens to curb trade with the world’s biggest economy at a time when the country needs to accelerate economic growth to address widespread inequality.

Source link : https://www.bloomberg.com/news/articles/2024-07-15/south-africa-plans-us-mission-to-lobby-against-review-of-ties

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Publish date : 2024-07-15 09:15:39

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