- BRICS members aligned climate commitments through the Paris Agreement, proposing a realistic energy transition path.
- South Africa and BRICS partners shared learnings on climate change responses and discussed economic cooperation.
- South African agribusinesses are seeking deeper market penetration within the BRICS bloc, but their efforts are hampered by existing tariffs and phytosanitary barriers.
Trade issues between South Africa and BRICS partners are causing a trade deficit and slow government action on imports, affecting companies like Sappi.
1 report, 1 independent
Updated Aug 1
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What happened
Trade issues between South Africa and BRICS partners are causing a trade deficit and slow government action on imports, affecting companies like Sappi.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- South Africa recorded a significant trade deficit with Brazil.Sub-event
Trade deficit and slow government action on imports between South Africa and BRICS partners.1 source
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The entities involved
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South Africa
country in southern Africa
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BRICS
association of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran, and the United Arab Emirates
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Sappi
global pulp and paper company
Nothing else this week.
Related events
- South Africa and Algeria sought to grow trade and build partnerships within Africa in 2016.
- Trade talks regarding SACU and economic ties between South Africa, India, Botswana, and Namibia, noting South Africa is India's largest trading partner.
- South Africa serves as a vital logistics and financial hub for SADC, contributing to continental economic integration.
- Zimbabwe previously relied on cheaper imports from South Africa, while Moyo served as the president of the Confederation of Zimbabwean Industries.
- Southern African countries are discussing agricultural policy, including shared best practices and calls for reduced reliance on food imports.