The United Kingdom Export Finance (UKEF), Britain’s export credit agency, will double support for trade with South Africa to up to £3.5 billion.
This was announced by British international trade secretary, Dr Liam Fox, as part of his visit to South Africa and Mozambique this week to discuss strengthening trade relations as Britain continues its negotiations to exit the European Union (Brexit).
Fox explained that this meant that an additional £1.75 billion would available for UK companies exporting to South Africa and for South African buyers of UK goods and services.
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Dr Liam Fox, UK international trade secretary.