🌍Half of SA's R230bn agricultural production heads overseas, with less than 2% going to Russia 🇷🇺 As geopolitical risks loom, nurturing trade with the EU and other key markets is crucial🚜🌅 Agriculture Russia TheCitizenNews Read the full story⬇️
Asked about the merits of South Africa’s controversial cosy relationship with Russia to the country’s agricultural sector, Sihlobo said its agricultural trade with Russia is minute.
“Russia is nowhere – it’s less than 2% of our agricultural exports that go there,” he said, adding that the US market is much more important to South Africa.ALSO READ:The South African government has drawn harsh criticism from countries that vehemently oppose President Vladimir Putin, who has been waging a war in Ukraine for more than a year.
He said the risks are not only associated with the US potentially kicking South Africa out of Agoa, but access to financing from international lenders who are heavily funded by the US is threatened.
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