Wall Street Journal slams SA as crucial bill to review US relationship gains traction
This is after a bill asking President Joe Biden to review the relationship between the two countries is gaining traction in the US.
The ICJ found, at the end of January, that Israel's actions in Gaza possibly constituted a genocide. The bipartisan bill, brought by Republican John James and Democrat Jared Moscowitz, says that 30 days after it is made law, Biden must publicly release"an unclassified determination explicitly stating whether South Africa has engaged in activities that undermine United States national security or foreign policy interests".
AGOA, which is up for renewal in 2025, gives duty-free access to 25% of South African exports to the US, SA's second-biggest single-country trading partner after China. The WSJ, and others, quantify the benefit as more than $3 billion . that there was a 65% likelihood that AGOA would be extended before its expiry in September 2025. It, however, added that there was scope to have the agreement altered to promote more export volumes from South Africa.
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