South Africa could lose privileged access to US markets – Foreign Policy Analyst Peter Fabricius

Loading player...
Pressure is growing from the West on the South African government, because of its close relationship with Russia. President Cyril Ramaphosa is said to be sending an envoy to the US to discuss its relationship with Russia. Foreign Policy Analyst Peter Fabricius told BizNews that the South African government is concerned about losing the benefits of its inclusion in the African Growth and Opportunity Act (AGOA). AGOA allows Sub-Saharan countries to export products to the United States without tariffs. South Africa contributes the majority of AGOA exports at 56%. Fabricius says South Africa and the Russian leader are likely to wriggle out of the sticky situation of being forced to arrest Putin if he sets foot on South African soil for the BRICS summit. The International Criminal Court has issued an arrest warrant for the Russian President for war crimes in Ukraine. Learn more about your ad choices. Visit megaphone.fm/adchoices
17 Apr 2023 1PM English South Africa Investing · Business News

Other recent episodes

BNC#8 truth over hype: Magnus on investing, independence, and winning in a tough economy

Magnus built his career on questioning narratives and pursuing truth - first in journalism, then in financial advice. From navigating market volatility to championing global investing, his journey reflects resilience and independence. In a challenging South African economy, his message is clear: think critically, stay global, and never compromise on…
19 Mar 8AM 23 min

Electoral Road Show - Wayne Sussman: IFP on the march & PA in another show of force…

The results for last night’s six by-elections are dissected on that latest stop of the Electoral Roadshow with Elections Analyst Wayne Sussman and Chris Steyn. He describes the Inkatha Freedom Party’s (IFP’s) “very big night” in KwaZulu-Natal where it won its third consecutive ward off the National Freedom Party (NFP)…
19 Mar 5AM 10 min