SADC PF MP warns of economic shock as AGOA non-renewal threatens jobs and exports

Chairperson of the SADC Parliamentary Forum’s Trade, Industry, Finance and Investment (TIFI) Committee, Ruth Mendes, has warned that the non-renewal of the African Growth and Opportunity Act (AGOA) by the United States represents one of the greatest shocks to African economies since the COVID-19 pandemic, potentially reversing years of trade gains and industrial growth.

Speaking in an exclusive interview, Mendes described the situation as “a major setback” that could severely disrupt exports, employment and economic stability across the Southern African region.

“This has been one of the greatest shocks to our economies since COVID-19,” she said.

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