South Africa Still Working on US Trade Conditions as Deadline Expires
|01/04/2016||Posted by BusinessMediaguide.Com under General World News||
South Africa still hopes to solve a dispute with the United States over farm exports, despite the expiry of a U.S.-set deadline that could penalize exports of agricultural goods to the world’s top economy.
U.S. President Barack Obama said on Nov. 5 that he would revoke the duty-free status of South African agricultural produce, including oranges and macadamia nuts, unless Pretoria took action by the end of the year to loosen restrictions on U.S. farm exports.
South Africa did sign an agreement with the United States on Nov. 17 to resume importing 65,000 tons of chicken each year, which had become bogged read more >>>
Source : VOANews.Com