China tariff cuts open new opportunities for SA exporters
The removal of import tariffs on SA fruit entering China is creating opportunities.
China has removed import tariffs on South African fruit, opening new opportunities for local exporters. This news was shared at the Golden Bridge Expo for exporters in Sandton earlier on Wednesday. China's zero-tariff framework for eligible African exports began in May, with 53 countries set to benefit. This development gives South African producers a chance to access the Chinese market at more favorable terms.
The Golden Bridge Expo Director, Daniel Wang, emphasized that the opportunity goes beyond simply exporting more, but also adding value to products. Wang stated, "This is a big opportunity. We have a lot of the raw material. How we can get more, add value and export, not only for the raw material, like iron, oil, manganese, chrome … all the foods and meat."
Wang expressed optimism about the potential for growth, but also acknowledged that there is still substantial room for improvement.
Written by urgent.news from SABC News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
