The fact that negotiations are now centred on specific written proposals represents a step forward.
The ministers highlighted the importance of avoiding practices that fragment global markets or disrupt supply chains.
South Africa’s ports, shipping services and broader logistics system are critical links in sustaining global supply chains.
SA’s current integration is described as modest and heavily reliant on multilateral agreements.
Renewable energy projects, digital infrastructure and manufacturing highlighted as needing investment.
The deal highlights potential applications of advanced nuclear power in the maritime sector.
The initiative will focus on co-financing and preparing bankable projects in key sectors.
Addressing Brics leaders during a recent online summit, Ramaphosa said the world was experiencing “cosmic shifts” in trade.
Expectations for business conditions, trade volumes, and investment remain weak.
Before Trump tariffs were imposed, the United States was India's biggest export market.
Sars, OGAs, freight forwarders and clearing agents from around the country have been invited to participate.
