Britain keen to boost trade with SA
High commissioner says Brexit will lead to greater engagement
The UK is SA’s largest export market for agricultural products and an important destination for manufactured goods and other value-added exports. As a former colonial power, the UK remains heavily invested economically and socially in SA and contributes to foreign direct investment and other key areas such as education, science and institution building. Nigel Casey was recently appointed UK high commissioner to SA and answered questions on Brexit, Bell Pottinger, and SA-UK relations. Bronwyn Nortje (BN): What is the relationship between SA and the UK in numbers? Nigel Casey (NC): According to the Reserve Bank, 36% of foreign direct investment stock comes from the UK. The value of annual two-way trade between UK and SA is £10bn. Around 400,000 Brits come to SA every year on holiday, supporting the valuable tourism sector. BN: The UK is clearly committed to making Brexit work, so what changes can we expect as it renegotiates its relationship with SA outside of the EU? NC: I think Brex...
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