-
South African exports to Africa in 2021 went up to R385 billion, against exports to the EU, which stood at R355 billion proving that the African Continental Free Trade Agreement is an important tool in empowering the agricultural communities and the enhancement of food security.
South Africa is committed to increasing Intra-Africa Trade, according to Deputy Minister of International Relations and Cooperation, Alvin Botes.The deputy Minister revealed to a sitting of the National Assembly that South Africa’s exports to Africa have surpassed those to the European Union, the chief trading partner of South Africa, in 2021.The South African exports to Africa in 2021 went up to R385 billion, against exports to the EU, which stood at R355 billion proving that the African Continental Free Trade Agreement is an important tool in empowering the agricultural communities and the enhancement of food security.
Read Also;https://trendsnafrica.
https://trendsnafrica.com/
The South African government, he added, is determined to halve poverty by strengthening agriculture by 2025.The country proposes to collaborate with countries such as Ghana and Morocco and in terms of Malabo [Declaration] commitment five he said.
The Malabo Declaration, commitment five made by the Heads of State and Government in 2014 when they met at the 23rd Ordinary Session of the African Union Assembly in Malabo, Equatorial Guinea denotes African states’ pledge to boost intra-African trade in agricultural commodities and services .
