South Africa seeks 15-year AGOA extension

South Africa is advocating for a 15-year extension of the US African Growth and Opportunity Act (AGOA), emphasizing its role as a major supplier of critical minerals like platinum, manganese, and chromium. The country argues short extensions harm investor confidence and manufacturing plans, while also seeking updated eligibility criteria to address inequality. AGOA, which provides duty-free US market access, was recently retroactively extended until year-end.