Bloomberg News

South Africa Seeks to Alter Balance of BRICS Trade, Report Says

June 06, 2011

June 6 (Bloomberg) -- South Africa wants to address “structural imbalances” in its trade relations with Brazil, Russia, India and China, Business Report said, citing Rob Davies, the minister of trade and industry.

The aim is to get South Africa to sell more “value-added products” to its BRICS partners, instead of just primary products and raw materials, the Johannesburg-based newspaper said.

To contact the editor responsible for this story: Alastair Reed at areed12@bloomberg.net


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