Partial Submission of Global Country Study Semester 3 Country Selected: South Africa College Code: 750 College Name:

S. R. Luthra Institute of Management Student Information: Student Name 1. Zankhana Kikaganeshwala 2. Dhara Suvagiya 3. Jigna Patel 4. Dhruvi Patel 5. Kundan Patel 6. Janki Patel Faculty Guide: Prof. Esha Pandya Faculty Email: Facultys Contact Number: Student Enrolment number 107500592030 107500592018 107500592014 107500592033 107500592044 107500592056

Conclusion

The project concluded that South Africa is a member of many trade blocks such as SADC, COMESA, and SACU. Generally, South Africa is a developing country with high poverty. And Unemployment is extremely high and South Africa is ranked in the top 10 countries in the world for income inequality coefficient. So the objective of south Africa is to become a member of various trade block to reduce unemployment, increase standards of living, reduce the poverty and so on. South Africa is also member of international trade blocks such as BRICS, G20 and WTO.

EXECUTIVE SUMMARY
This report is prepared in an attempt to study the trade relation of South Africa. And trading of each & every country play role as a life blood of the country. And without it each & every country can not achieve their target or goal. So, we mentions in this project report Trade Relation of South Africa with different countries and trade block. The trade system of the country is studied so that it helps the country in proper functioning. Trade blocks are also mentioned in which South Africa has membership. South Africa being a member of trade block and the main aim for membership is to create effective, transparent and democratic institutions which will ensure equitable trade benefits to Member States. And to enhance the economic development, diversification, industrialization and competitiveness of Member States. Trade barriers that affect the trade with South Africa are also discussed so that those who want to start a new venture can have an idea of the laws and regulations governing the business scenario in the SA. And this project report helps in taking corrective action to add or remove certain trade barriers. South Africa has a very conducive and favorable environment for entry of foreign businesses into the country and provides legal concession in matter of certain laws and all the efforts that can help in development of SA are always welcomed. Based on the data collected it was concluded that South Africa has a well maintained trade relation, though it was not an easy task for them to establish it. But all the questions have turned on one answer is that South Africa can prove to be a better host in terms of foreign businesses. And that India should try and strengthen its relations and ties with them and can reap the benefits of collaborative partnership.

This report is prepared in an attempt to study the trade relation of South Africa so that it can help to identify trade relation with different blocks or counties and also helps in taking corrective actions to add or remove certain trade barriers. And in this project based on data South Africa enhance economic development, improve standard of living and reduce poverty in South Africa.