South Africa Set to Boost Trade With Cuba

The upcoming Havana International Fair will further advance relations between South Africa and Cuba, says Trade and Industry Deputy Minister Bulelani Mangwanishe.

The Deputy Minister will lead a South African business delegation that will showcase locally made products and services at the Havana International Fair (FIHAV), which commences on 30 October.

“Our 2016 total trade with Cuba amounted to almost R180 million, with South African exports dominant at R149.7 million and Cuban exports to South Africa sitting at R29.8 million. We also have an Economic Assistance Agreement in operation, where we provide grants and loans totalling R350 million to Cuba for purchasing local products,” said the Deputy Minister on Thursday.

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