The Minister of Finance Enoch Godongwana, his counterpart at Trade and Industry Ebrahim Patel and Minister in the Presidency Khumbudzo Ntshavheni last week discussions with senior officials in the US over the extension of the preferential trade agreement and investments and met with Representative Katherine Tai to strengthen bilateral ties with Washington and push for the renewal of the African Growth and Opportunity Act (AGOA). Agoa has been of significant value to SA, its impact being seen in our automotive industry which has benefited greatly from preferential access to the giant US market, exporting vehicles and components worth more than R24bn to the US in 2022 alone.