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South Africa continues trade talks with UK despite Brexit

The South African Government's priority is to ensure that there is certainty and continuity in the trade and investment relationship with the United Kingdom as a result of Brexit, says Trade and Industry Minister Rob Davies.

Minister Davies told the British Chamber of Business that the Economic Partnership Agreement (EPA) provides a good basis to facilitate trade between South Africa and the UK going forward, SA News reports Monday.

'Our priority now is that we do not want any interruption in our trade relations with the UK. The UK government has given an indication that it will roll-over existing trade arrangements to provide continuity and predictability,' said the official.

The UK remains South Africa's historical and strategic trade and investment partner. It remains as a key market for agricultural exports that account for over 30% of fruit exports globally. The UK is the biggest destination in the EU for South African investment, accounting for 30% of South African investments into Europe.

source: plenglish.com
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