List of business in usa for In 1999, the South African Cabinet, the European Council of Ministers and the European Commission approved the South African/European Union Trade, Development and Cooperation Agreement. According to the U.S. State Department’s report on South African commerce, the pact obliges the EUROPEAN UNION (EU) to full liberalization of 95 percent of South African imports over a 10-year period, while South Africa is to liberalize 86 percent of EU imports over a 12-year period. This includes, particularly, agricultural goods. South Africa’s agriculture accounts for about three percent of the GROSS NATIONAL PRODUCT (GNP) but comprises some 31 percent of the labor force, per 2001 estimates. Major agricultural output includes produce and meat products. List of business in usa 2016.