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Trade policy seeks to build SAâs industrial capacity
By Siphelele Dludla
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JOHANNESBURG - The Department of Trade, Industry and Competition (dtic) has released a Trade Policy Statement, which seeks to build industrial capacity and drive manufacturing exports in the wake of the Covid-19 pandemic.
Dtic Minister Ebrahim Patel, on Friday, said the release of the statement was in the context of the adoption of a policy of promoting industrialisation and localisation, recently undertaken by the dtic.
The Trade Policy Statement commits to promote industrial capacity, and frames its impact on workers, women and communities.
Subsequent sections consider South Africaâs approach to trade in relation to African integration, bilateral engagements and the multilateral trading system.
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