Ronald Lamola outlines South Africa's SADC chairpersonship priorities
IOL50m ago1 newsroom
Minister Ronald Lamola says South Africa will use its SADC chairpersonship to strengthen regional trade and value chains, targeting an increase in intra-SADC trade from about 20% to 50%.
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Why it matters
South Africa holds the rotating SADC chair and has set a specific target to grow intra-SADC trade from 20% to 50%, which would shape trade policy across the Southern African region for its term.
Most affected
Exporters and businesses in SADC member states — May face new regional trade policies and value chain coordination during South Africa's chairperson term.
Watch next
Whether South Africa proposes specific mechanisms to increase intra-SADC trade and whether member states adopt them.