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BEE not main issue on the table in SA’s trade talks with US – Tau
['Ina Opperman', 'Business Journalist']
The Citizen
South Africa’s team in Washington is getting ready for more trade talks as the president arrives in the US for the UN sitting.
Removing Black Economic Empowerment (BEE) rules for United States (US) companies does not seem to be a major issue in trade talks between South Africa and the US, as it is a political issue rather than a commercial one.
Tau said the US delegation felt that the deal South Africa offered was not ambitious enough and still unilaterally imposed the 30% on imports from South Africa.
He said South Africa has now agreed on a road map for official engagements to conclude the negotiation process.
“Unfortunately, it affects South Africa as a whole and even their own constituency in many ways.
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