Foreign media: During his visit to China, the South African Minister of Trade signed a Framework Agreement on Economic Partnership with China, which is an important step for South Africa toward reaching a trade agreement with China.
South Africa seeks to expand its exports, especially against the backdrop of trade friction with the United States over tariff issues. According to the agreement, China will reach an "early harvest agreement" with South Africa by March 2026, at which time South African export goods will enjoy tariff-free access to the Chinese market.
The Department of Trade stated that this agreement will create opportunities for key industries such as mining and agriculture in South Africa to enter the Chinese market, and South Africa expects to attract more Chinese investment.
Original article: toutiao.com/article/1856386106796040/
Statement: This article represents the views of the author himself.