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South Africa participates in a number of preferential trade relationships, both regional and bilateral, and is an active member of the World Trade Organisation. The South African government has made tremendous strides in increasing the country’s global competitiveness, including forming strong economic trading blocs, to provide access to key markets.
These include:Free trade agreement with South African Development Community (SADC) members, comprising 14 countries.
In addition, South Africa continues to strengthen its relations with Asia, through increases in two-way trade and finalising co-operation agreements in areas such as scientific and technological exchange, technology transfer, investments and overseas development assistance.