China’s Consul General in South Africa (SA), Pan Qingjiang, has welcomed a new economic partnership agreement between China and SA that will allow duty free access for SA exports into the Chinese market.
Speaking during Chinese New Year celebrations in Sandton, Johannesburg, Gauteng Province, on Monday evening, Qingjiang said the deal is expected to strengthen trade, boost investment and deepen strategic co-operation between the two nations.
The 15 day celebration symbolises bidding farewell to the past year while welcoming renewal, good fortune, prosperity, happiness and new opportunities.
Signed by SA’s Minister of Trade Paks Tau, the Framework Agreement on Economic Partnership for Shared Prosperity is expected to be followed by negotiations on an Early Harvest Agreement by the end of March 2026.
The move will unlock duty free access for SA exported products and further enhance Chinese investment into SA.
–Channel Africa–
