South Africa seeks to expand trade with China and India amid deteriorating US relations
South African President Cyril Ramaphosa announced the country's intention to broaden trade relationships with nations like China and India. This move aims to mitigate risks associated with worsening ties with the United States, particularly concerns that South Africa might lose preferential access to the US market under the African Growth and Opportunity Act (Agoa). Ramaphosa indicated that South Africa is actively exploring alternative markets globally.
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