US EditionSouth Africa seeks deal to boost trade, investment with Canada
Canada and South Africa aim to enhance trade via a foreign investment promotion agreement covering agribusiness, mining, energy, and technology sectors, including a gas-for-wine exchange.
- South Africa aims to create a strategic partnership with Canada, according to South African High Commissioner Rieaz Shaik.
- Shaik described the proposed deal as a 'gas-for-wine deal.'
- The primary challenge involves creating a 'mutually acceptable dispute-resolution mechanism' for trade sectors.
- Shaik expressed a fascination with Canada due to their similarities, calling the relationship a 'family relationship.
26 Articles
26 Articles
South Africa seeks 'gas-for-wine' deal with Canada
In return, Canada could supply South Africa with liquefied natural gas (LNG). The idea comes as Canadian Prime Minister Mark Carney travels to Johannesburg for the G20 summit. South Africa’s High Commissioner to Canada, Rieaz Shaik, told The Canadian Press that the two countries are exploring what he affectionately calls a “gas-for-wine deal.” According to Shaik, the talks are looking at five main areas where both countries could work together: …
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'Gas-for-wine': South Africa seeks deal to boost trade, investment with Canada
As Prime Minister Mark Carney heads to Johannesburg for the G20 summit, Canada and South Africa are talking about a deal to boost bilateral trade and investment that could see more South African wine on Canadian shelves in exchange for gas exports. "We are pursuing a strategic partnership with ...
While Prime Minister Mark Carney is going to Johannesburg for the G20 Summit, Canada and South Africa are discussing an agreement to boost their bilateral trade and investment.
‘Gas-for-wine’: South Africa seeks deal to boost trade, investment with Canada
As Prime Minister Mark Carney heads to Johannesburg for the G20 summit, Canada and South Africa are talking about a deal to boost bilateral trade and investment that could see more South African wine on Canadian shelves in exchange for gas exports.
Engineer Hassan Al-Khatib, Minister of Investment and Foreign Trade, Parks Tau, Minister of Trade, Industry and Competition of South Africa, met to discuss ways to strengthen economic relations between the two countries, in the presence of Ambassador Ahmed Sharif of Egypt to South Africa, Trade Adviser Ihab Salahuddin, Head of the Trade Bureau in Pretoria, and a number of leaders of the South African Ministry of Trade.
Gas-for-wine’ push: South Africa seeks strategic trade deal with Canada - South Asian Daily
As Prime Minister Mark Carney prepares to travel to Johannesburg for the G20 summit, Canada and South Africa are exploring a new economic partnership that could see increased South African wine imports paired with Canadian gas exports. South African High Commissioner Rieaz Shaik described the proposal as a “gas-for-wine deal,” noting that the discussions aim to boost bilateral trade and deepen private-sector ties.Negotiations are centred on five…
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