Vol 10 Issue 2 April 2023-June 2023
Dr Prashant Saxena, Dr Abhishek Pandey
Abstract: The present research paper is an attempt to understand and analyze the trade scenario between India and South Africa. Close associations between these two countries, strategic ties, cultural and social affinity developed between the two nations post-apartheid enabled both of them to enjoy amicable and mutual support for each other.
The burgeoning economic and trade relationship between the two countries is taking this age long old relationship to a new direction. Post-apartheid, several of the investment led by the Government of India and many by the private sector players has opened up a plethora of growth and development opportunities between the two countries. In a way, it has injected a new rigor in the bilateral relationships between both the countries. The current as well as the future investment that are aimed at by these countries holds immense promise for taking millions and millions out of poverty from their respective nations.
This research work is aimed at analyzing the change in trade scenario that has taken place in the last few decades between the two nations and have accelerated the pace of development in the two countries owing to substantial increase in the investment patterns across various sectors of the economy by different companies of both the countries. The research work also tries to highlight the export and import index values between the two nations.
Keywords: Economic Development, Export, Import, Investment Scenario, Post-WTO Regime.
Title: A REVIEW OF SCENARIO OF TRADE BETWEEN INDIA AND SOUTH AFRICA
Author: Dr Prashant Saxena, Dr Abhishek Pandey
International Journal of Recent Research in Commerce Economics and Management (IJRRCEM)
ISSN 2349-7807
Vol. 10, Issue 2, April 2023 - June 2023
Page No: 47-56
Paper Publications
Website: www.paperpublications.org
Published Date: 10-June-2023