South Africa’s economic well-being is dependent on trade relations with the West, and therefore attempts to bolster relationships with BRICS must not be at the expense of ties to the West, the leader of a South African business association has said. The leader also singled out the African country’s trade with China which she said is more aimed at maintaining the latter’s “access to our raw materials.”
South African Economic Well-Being Tied to Trade With the West
According to Busi Mavuso, the CEO of Business Leadership South Africa (BLSA), South Africa’s relationship with the BRICS (Brazil, Russia, India, China, and South Africa) economic bloc “must not come at the expense of our relationships with the West.” Mavuso added that while the “opportunities in the East are clear,” South Africa’s economic well-being is still dependent on its trade relations with Western countries.
The remarks by the leader of one of South Africa’s influential business lobby groups come
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