BRICS: South Africa becomes UAE’s 2nd-largest non-oil trade partner in Africa

Thani bin Ahmed Al Zeyoudi, the UAE Minister of Foreign Trade, met with representatives of the South African Business Council successful the UAE to sermon opportunities for expanding trade, investment, and backstage assemblage collaboration betwixt the 2 countries.

Emirates News Agency (WAM), a spouse of TV BRICS, reports that discussions noted the UAE’s non-oil commercialized with South Africa reached $ 8.5 cardinal successful 2024, representing a 14 percent summation compared to 2023 and a 120 percent emergence since 2019.

In the archetypal fractional of 2025, non-oil commercialized totaled $ 3.93 billion.

South Africa is present the UAE’s second-largest non-oil commercialized spouse successful Africa.

Al Zeyoudi emphasised areas of practice successful nutrient security, logistics, infrastructure, tourism, and renewable energy, stating that associated projects could enactment economical maturation and sustainable development.

The talks besides addressed ways to promote greater backstage assemblage engagement connected some sides.

More than 3,690 South African companies presently run successful the UAE, crossed assorted sectors, including construction, hospitality, and fiscal services.

Vanguard News

The station BRICS: South Africa becomes UAE’s 2nd-largest non-oil commercialized spouse successful Africa appeared archetypal connected Vanguard News.