South Africa is one step closer to being kicked out of Agoa and breaking trade ties with America due to expropriation without compensation
23 August 2018
The FF Plus’s warning that South Africa’s membership to the Agoa group of countries that receive trade benefits from America may be suspended due to expropriation without compensation is one step closer to becoming a reality.
The influential international think tank Cato Institute requested President Donald Trump from America to reconsider South Africa's membership in view of expropriation without compensation and its effect on minorities.
In terms of the requisites in the Agoa legislation, expropriation without compensation is not allowed.
With the launch of its Fight Back SA campaign against expropriation without compensation, the FF Plus warned that South Africa may lose its membership and the benefits related to Agoa.