UK-South Africa celebrate five years of development-focused free trade pact

The South Africa-UK development-focused free trade Economic Partnership Agreement, now in its fifth year and designed to harness the power of trade for mutual growth and job creation, has delivered significant benefits, including tariff savings on R50-billion of South African exports to the UK in 2024, while deepening trade, supporting jobs and boosting export-led growth. The British High Commission in Pretoria, South Africa’s Department of Trade, Industry and Competition (dtic), Western Cape trade and investment promotion organisation Wesgro and business organisation the South African Chamber of Commerce and Industry hosted a seminar in Cape Town on January 20 to raise awareness of the market access and tariff savings available under this agreement with the UK.