KZN working to strengthen trade ties with BRICS nations

KZN working to strengthen trade ties with BRICS nations

Premier Thami Ntuli says KwaZulu-Natal is looking to strengthen trade ties with its BRICS partners. 

Premier Thami Ntuli held a press conference in Durban
Supplied: KZN Government

Ntuli says the move comes in response to the United States' decision to slap steep tariffs on South African exports. 


Washington announced a tax of 30%, which is set take effect in August. 


South Africa was among more than a dozen countries to receive notices earlier this month.  


READ: G20 finance leaders tackle global tensions, tariff threats


Ntuli says they're also working to deepen trade relationships with other African nations, as part of efforts to boost the local economy.


"I chaired the KwaZulu-Natal Economic Council. The council welcomed the impact of the National Empowerment Fund in supporting township and rural enterprises."


The premier was speaking at the KZN Legislature on Thursday. 


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