Bilateral Treaty Between U.S. and South Africa
President Trump and a South African leader celebrate signing a new bilateral treaty with favorable trade terms for the U.S. South Africa agrees to various concessions in exchange, including creating 'Freedom Zones' for foreign companies and defending farmers' safety. South Africa also commits to ending military exercises with China and Russia, ceasing cooperation with Iran, and dropping a defamatory case against Israel. The U.S. offers to renew trade agreements, support a South African bid to host the Olympics, and invest in infrastructure.
Key Points
- Favorable trade terms for the U.S.
- Creation of 'Freedom Zones' for foreign companies
- Defending farmers' safety
- Ending military exercises with China and Russia
- Ceasing cooperation with Iran
- Renewal of trade agreements and support for hosting the Olympics by the U.S.
Pros
- Favorable trade terms for the U.S.
- Creation of 'Freedom Zones' for foreign companies
- Commitment to defending farmers' safety
- Renewal of trade agreements and support for hosting the Olympics by the U.S.
Cons
- Repealing the Expropriation Act
- Agreeing to strict conditions set by the U.S.
- Ending military exercises with China and Russia
- Ceasing cooperation with Iran