South Africa and China Sign Trade Agreement to Boost Economic Ties
South Africa and China have signed a framework trade and investment agreement aimed at enhancing economic relations between the two countries. The China-Africa Economic Partnership Agreement (CAEPA) was signed in Beijing by South Africa’s Trade, Industry and Competition Minister Parks Tau and China's Minister Wang Wentao. The agreement seeks to provide duty-free access for more South African products to the Chinese market and facilitate Chinese investment in South Africa. It covers trade, investment, and multilateral cooperation, with a focus on new energy. The agreement is expected to deepen bilateral trade relations and protect South Africa's industrial capacity. An 'Early Harvest Agreement' is anticipated by the end of March 2026.