Purpose:
Build an equitable global trading system that facilitates development by strengthening trade and investment links with key economies and fostering African development, including regional and continental integration and development co-operation in line with the African Union Agenda 2063.
Description of Sub-Programmes
- International Trade Development facilitates bilateral and multilateral trade relations and agreements.
- African Multilateral Economic Development facilitates multilateral African trade relations aimed at deepening regional integration.
Strategic focus for 2023/24
The Trade Policy programme aims to unlock new markets for South African products, to enable greater industrialisation and to create jobs. It does so by advancing negotiations on the African Continental Free Trade Agreement, while securing South Africa’s market access and policy space through strategic engagements with trading partners and at multilateral forums.
Indicators for the programme reflect a targeted programme of work for negotiations and economic diplomacy, and an expanded focus on streamlining South African firms’ access to the benefits of these international engagements, by strengthening ITAC processes in its engagements and working with companies to align trade policy with their strategic imperatives.
