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From the South African side trade imbalances, China's impact on South African industry, and concerns over China's influence over South Africa's domestic and international affairs remain issues of concern for bilateral relations. [42] In July 2015 South Africa's deputy president, Cyril Ramaphosa, led a trade and economic delegation to China. [43]
In 2010, trade between Africa and China was valued at US$114 billion [9] and US$166.3 billion in 2011. [67] By 2022, total trade grew to US$282 billion. [68] China has been Africa's largest trading partner since 2009 when it surpassed the United States, [69] and continues to be by far its largest trading partner as of 2022. [68]
BEIJING (Reuters) -South African President Cyril Ramaphosa told China's Xi Jinping on Monday he wanted to narrow his country's trade deficit with Beijing, days before the Chinese leader is due to ...
New Zealand, China-New Zealand Free Trade Agreement (2008) [15] Singapore, China-Singapore Free Trade Agreement (2009) ASEAN, China-ASEAN Free Trade Area (2010) Republic of China (Taiwan), Economic Cooperation Framework Agreement (2010) Peru, China-Peru Free Trade Agreement (2010) Costa Rica, China-Costa Rica Free Trade Agreement (2011)
Almost 90% of South Africa's exports to the rest of Africa go to the SADC economies. In 2018, South Africa exported and imported goods to and from the rest of Africa to the value of US$25 billion and US$11.5 billion, respectively. Intra-Africa exports account for 26% of South Africa's total exports and imports for 12% of total imports for 2018.
BRICS is an intergovernmental organization consisting of ten countries—Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran and the United Arab Emirates.
Free Trade Agreement [13] Switzerland: 6 July 2013 1 July 2014 Free Trade Agreement [14] South Korea: 1 June 2015 20 December 2015 Free Trade Agreement [15] Australia: 17 June 2015 20 December 2015 Free Trade Agreement [16] Georgia: 13 May 2017 1 January 2018 Free Trade Agreement [17] Maldives: 7 December 2017 1 January 2025 Free Trade Agreement
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