SA won't change foreign policy for trade benefits - Pandor
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As the Russia-Ukriane war rages on, SA's government is sticking to its guns on its non-aligned stance. This, despite Agoa being at stake. The preferential trade program gives SA duty-free access for local goods to the US market but America's calls for SA to distance itself from Russia is growing and this has caused some to believe that SA could lose its Agoa priveledges. Russia, however, is considered the world's bread basket and in a recent peace mission, African leaders, including President Cyril Ramaphosa, have asked for the movement of grain to be opened. The situation has caused some to ask - 'Is a loaf of bread worth more than trade?' Business Day's Editor-at-large Hilary Joffe discussed the situation with Business Day TV.