Economic relations between the United States and South Africa
Table of contents
Share
QR
Metrics
Economic relations between the United States and South Africa
Annotation
PII
S207054760015880-5-
Publication type
Article
Status
Published
Authors
Margarita Obraztsova 
Affiliation:
Institute for African Studies, RAS
State Duma of the Russian Federation
Address: Russian Federation, Moscow
Edition
Abstract

The article analyses the role of the South African mining sector in the development of long-term relations between the United States and South Africa. Largely with the help of American investments the South African mining industry was formed. Thereby America provided its firms with access to South Africa’s rich resource potential. The increasing dependence of the United States on those types of minerals that are of strategic importance for its defense industry makes relations with South Africa a priority. Therefore, US policy is primarily aimed at ensuring the access of American companies to the South African market.

Keywords
mining industry, resource potential, economic relations, investments, South Africa, USA, gold, diamonds, Anglo-American, multinational corporations
Received
19.05.2021
Date of publication
19.07.2021
Number of purchasers
16
Views
1475
Readers community rating
0.0 (0 votes)
Previous versions
S207054760015880-5-1 Дата внесения правок в статью - 12.07.2021
Cite Download pdf

References

1. How SAs giant rose from Kimberley dust. // Sunday Times. March 26, 2017. URL: https://www.timeslive.co.za/sunday-times/business/2017-03-26-how-sas-giant-rose-from-kimberley-dust/ (accessed: 25.02.21).

2. Tuffnell S. The United States in Africa: A Transimperial History. URL: https://oxfordandempire.web.ox.ac.uk/article/united-states-africa-transimperial-history#_ednref (accessed: 06.02.21).

3. Hopkins S. An analysis of U.S.-South African relations in the 1980s: has engagement been constructive?, 1985. URL: https://www.law.upenn.edu/journals/jil/articles/volume7/issue1/Hopkins7J.Comp.Bus.&Cap.MarketL.89 (1985).pdf (accessed: 05.02.21).

4. Kozlovskij E.A. Ehkonomicheskij krizis, ego istoki i mineral'no-syr'evoj potentsial. Chast' 2. URL: http://geomar.ru/articles/mineral-resources/371-economic-crisis-and-mineral-resource-potential.html (data obrascheniya 02.02.2021).

5. U.S. Reliance on Africa for Strategic Minerals, 1984. URL: https://www.globalsecurity.org/military/library/report/1984/HRA.htm (accessed: 11.03.2021).

6. Critical Minerals and U.S. Public Policy, 2019. URL: https://www.everycrsreport.com/reports/R45810.html#:~:text=The%20United%20States%20is%20100,a%20small%20amount%20of%20recycling).&text=The%20current%20goal%20of%20U.S.,%2Dbeing%2C%20and%20industrial%20production (accessed: 31.01.2021).

7. Epstein P. The U.S. Business Role in South Africa // The New York Times, 1985.

8. Mineral commodity summaries 2020, 2020. URL: https://pubs.usgs.gov/periodicals/mcs2020/mcs2020.pdf (accessed: 31.01.2021).

9. Which mineral commodities used in the United States need to be imported? // The American Geosciences Institute, 2017. URL: https://www.americangeosciences.org/critical-issues/faq/which-mineral-commodities-used-united-states-need-be-imported (accessed: 14.03.2021).

10. Review Warns Defense Industrial Base Faces «Unprecedented Set of Challenges», 2018. URL: https://www.csis.org/analysis/review-warns-defense-industrial-base-faces-unprecedented-set-challenges (accessed: 17.03.2021).

11. Assessing and Strengthening the Manufacturing and Defense Industrial Base and Supply Chain Resiliency of the United States, 2018. URL: https://media.defense.gov/2018/Oct/05/2002048904/-1/-1/1/ASSESSING-AND-STRENGTHENING-THE-MANUFACTURING-AND-DEFENSE-INDUSTRIAL-BASE-AND-SUPPLY-CHAIN-RESILIENCY.PDF (accessed: 17.03.2021).

12. A Federal Strategy to Ensure Secure and Reliable Supplies of Critical Minerals. URL: https://www.courthousenews.com/wp-content/uploads/2019/06/minerals-strategy.pdf (accessed: 15.03.2021).

13. 2020 Report Highlights the Importance of Mining Minerals for U.S. Economy and National Security, 2020. URL: https://www.usgs.gov/news/us-mine-production-increasing-estimated-value-863-billion-minerals#:~:text=“Industries%20–%20such%20as%20steel%2C,2.5%25%20increase%20over%202018 (accessed: 01.02.2021).

14. African Growth and Opportunity Act. URL: https://agoa.info/about-agoa.html (accessed: 01.03.2021).

15. Trade, Investment, and Development Cooperative Agreement (TIDCA). URL: https://ustr.gov/countries-regions/africa/regional-economic-communities-rec/southern-african-customs-union-sacu (accessed: 15.03.2021).

16. Trade and Investment Framework Agreement (TIFA). URL: https://ustr.gov/trade-agreements/trade-investment-framework-agreements (accessed: 04.03.2021).

17. The American Chamber of Commerce in South Africa (AmCham). URL: https://www.amcham.co.za (accessed: 30.01.2021).

18. The Council on Foreign Relations // Renewing U.S.-South Africa Relations under President Ramaphosa, 2018. URL: https://www.cfr.org/blog/renewing-us-south-africa-relations-under-president-ramaphosa (accessed: 26.02.2021).

19. The Office of the United States Trade Representative (USTR) // South Africa. URL: https://ustr.gov/countries-regions/africa/southern-africa/south-africa (accessed: 15.03.2021).

20. South Africa’s total trade with the United States. URL: https://www.ustradenumbers.com/country/south-africa/ (accessed: 10.03.2021).

21. Cobalt demand set to roughly double by 2030: Roskill, December 1, 2020. URL: https://www.spglobal.com/platts/en/market-insights/latest-news/metals/120120-cobalt-demand-set-to-roughly-double-by-2030-roskill (accessed: 03.02.2021).

22. Fabriciu P. Has the African Growth and Opportunity Act worked too well for South Africa? URL: https://issafrica.org/amp/iss-today/has-the-african-growth-and-opportunity-act-worked-too-well-for-south-africa (accessed: 16.03.2021).

Comments

No posts found

Write a review
Translate