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African leaders urge US for renewal of AGOA for 15 more years

Related Keywords: African exports, African leaders, AGOA, duty-free access, trade benefits program, US-Africa summit

South African President Jacob Zuma, is leading a major charge by the government and business at the US-Africa summit in Washington this week to win renewal of African Growth and Opportunity Act (AGOA) when it expires next year.
 
USA being urged to renew a trade benefits program giving duty-free access to billions of dollars of African exports for 15 years. As almost 95 percent of South African exports receive preferential treatment under AGOA.
 

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