SA industrialisation drive to benefit from UK trade deal, says Patel
The UK is SA’s fifth largest trading partner
17 September 2019 - 18:13
SA’s industrialisation drive will be boosted following the finalisation of a deal with the UK ensuring it and other countries in the region continue to have preferential access to the UK market after Brexit.
The UK is SA’s fifth largest trading partner. Trade between the two increased from R63.7bn in 2012 to R106.2bn in 2018. SA exports R64bn worth of goods through the EU customs union, duty free, of which R10bn is from Western Cape industries such as fruit and wine...
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