India and South Africa share a deep historical bond shaped by shared struggles against colonialism and apartheid. Their partnership thrives through platforms like BRICS and the IBSA Forum, fostering political and economic collaboration. Bilateral trade grew from $8 billion to $18 billion in five years, driven by coal, minerals, petroleum products, vehicles, and pharmaceuticals. Ongoing negotiations for a trade agreement with the Southern African Customs Union (SACU) promise reduced barriers and enhanced market access. Key sectors include renewable energy, IT, pharmaceuticals, automotive, and food processing. With $70 billion invested across Africa, India’s role is pivotal, complemented by South African investments in India. The Double Taxation Avoidance Agreement simplifies compliance, boosting trade. Initiatives like BRICS and SACU trade agreements are vital for overcoming challenges and strengthening ties further.
