Losing Agoa status would mean losing competitive edge in wine pricing – Basson

Industry body South Africa Wine (SA Wine) has emphasised the importance of South Africa’s trade relationship with the US under the Africa Growth Opportunity Act (Agoa) trade regime, particularly since R798-million of wine exports were made to the US last year.

South Africa exports R10.5-billion worth of wine every year to more than 125 countries worldwide, with the US being one of the highest value-generating destinations.