On Thursday 20 November, the European Union and South Africa signed a Clean Trade and Investment Partnership (CTIP) and a Memorandum of Understanding (MoU) on minerals and metals value chains. New projects under the European ‘Global Gateway’ investment programme were also signed in Johannesburg on the same day.
CTIP. The agreement is expected to facilitate trade and investment in so-called ‘clean’ value chains. It is not, however, a traditional legally binding trade agreement.