INTERNATIONAL Relations and Cooperation Minister, Dr Naledi Pandor, says government has created a significant footprint in Asian markets as part of efforts to return the country to pre-COVID-19 economic growth.
The Minister said this when she participated in the debate on the State of the Nation Address on Wednesday.
“We will identify new opportunities and expand those that have benefit for South Africa. In pursuit of this objective, South Africa has created a significant footprint in Asia, which is the continent showing the most promise of a speedy return to pre-COVID-19 levels of economic growth.
“Last year, South Africa acceded to the Treaty of Amity and Cooperation to take up significant trade and development opportunities available in this region. We will also benefit from the Regional Comprehensive Economic Partnership (RCEP) of these countries. This partnership created the world’s biggest trading bloc, estimated to account for about US $26 trillion or
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