HILARY JOFFE: SA must decide on which side its bread is buttered
The country’s total trade with Russia in 2020 was 13 times smaller than with the US and 45 times smaller than with the EU
17 March 2023 - 05:00
SA’s foreign policy stance, and its disconnect from SA’s economic interests, has edged firmly onto the radar screens of foreign investors and local executives lately, amid warning noises from the US in the wake of SA’s naval drills with Russia.
And with SA chairing the Brics bloc this year and the G20 in 2025, as well as hosting an African Growth & Opportunities Act (Agoa) forum later this year, the approach it adopts to its foreign policy could be make or break for its stature on the global economic stage...
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