India- South Africa economic ties
Unlocking new opportunities through collaboration and innovation
India and South Africa, both members of the Commonwealth of Nations, have forged stronger ties since the conclusion of the apartheid era in South Africa in 1994.
Notably, India took an early stance on allying with South Africa by imposing an embargo on the latter in 1946, symbolising its resolute disapproval of the apartheid regime. Although this caused a temporary halt in trade, collaboration was rekindled in 1993 and has since borne fruit in the form of several high-level dialogues, partnerships, and the consequent growth in bilateral trade.
India's strategic shift towards becoming a more active participant in Free Trade Agreements (FTAs) reflects its ambition to deepen economic ties with South Africa. These efforts aim to enhance connectivity, diversify trade baskets, and leverage the region's vast resources to bolster India's economic growth and global standing. The legacy of these bilateral collaborations has laid the foundation for a robust and mutually beneficial trade relationship between India and South Africa.
