UK and South Africa shake hands on fresh trade boost after covid slowdown

British-South African trade ties get new life with fresh cooperation deal worth billions of rand. Both nations look to expand agricultural jobs and boost defense partnerships in post-covid era

November 5 2024 , 08:56 PM  •  4284 views

UK and South Africa shake hands on fresh trade boost after covid slowdown

In a key meet-up on nov 5th David Lammy and Ronald Lamola shook hands on boosting UK-South African partnerships (which hit 133 billion rand last year): both nations want more trade defense and economic team-ups

South Africa stands as UKʼs biggest trade buddy in Africa sending lots of stuff like precious-metals cars and farm-goods across the ocean. The relationship needed some work though after covid made things slow down a bit

Weʼve committed to a UK-South Africa growth plan that will drive economic development and deepen our trade and investment ties

British Foreign Secretary David Lammy stated

The fresh deal focuses on making more farm-jobs in South Africas rural spots; its gonna help send more goods to british shops. Both sides are also teaming up on anti-terror work and green-energy stuff - part of their shared goals

Lammy whoʼs doing his first Africa tour as foreign boss‚ also stopped by Nigeria yesterday where he made similar deals. Lamola seemed happy with the chat saying: “weve fixed up our trade friendship that got a bit stuck during covid“