SA's trade with Africa surpasses exports to EU block
Published date | 26 May 2022 |
Publication title | South African Official News |
Deputy Minister of International Relations and Cooperation, Alvin Botes, has told a sitting of the National Assembly that South Africa's exports to Africa have surpassed those to the European Union in 2021.
Botes said this when he participated in a debate on Africa Day at the Good Hope Chamber in Parliament on Wednesday.
'We are committed as the South African government to work towards halving of poverty through agriculture by 2025, working amongst others, with countries such as Ghana and Morocco and in terms Malabo [Declaration] commitment five: the boosting of Intra-Africa Trade, we know that the trade figures in South Africa have increased remarkably,' he said.
The Malabo Declaration points to the commitment 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.
Among the commitments made at the meeting was Malabo Declaration Commitment five, which speaks to African states committing to boosting intra-African trade in agricultural commodities and services - by tripling trade in this area and by fast-tracking the continental free trade...
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