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South Africa advances key trade deal with China

By Editor TO·
South Africa advances key trade deal with China for economic growth.

A South African official speaks at a conference about strengthening trade relations with China.

South Africa has taken a significant stride toward deepening its trade relationship with China by signing a new framework partnership agreement. This pact lays the groundwork for securing duty-free access for South African exports to the vast Chinese market, a move of heightened importance amid ongoing tariff disputes with the United States. The agreement signals a strategic pivot to diversify trade partnerships and boost key exports, particularly from the mining and agricultural sectors. This initiative aligns with China’s broader pledge to eliminate tariffs for African nations. The next concrete step is an “Early Harvest Agreement” expected by March 2026, which would formally enact the preferential access and open new avenues for South African businesses and investment.

CNBC Africa

South Africa advances key trade deal with China | africa.com