# Business Leadership SA says the government must aggressively pursue alternative trade partnerships through BRICS and the African Continental Free Trade Agreement. This follows the expiry of the US preferential trade framework, the African Growth and Opportunity Act, on September 30th. However, Trade, Industry, and Competition minister Parks Tau has expressed confidence that a renewal is imminent. South Africa accounted for 54-percent of all AGOA exports to the US. BLSA CEO Busiswe Mavuso says an accelerated reform agenda can significantly lessen the negative effects of AGOA’s end.
BLSA says AGOA’s expiry requires South Africa to pursue alternative trade relations