As I noted earlier, there has been a significant shift in South Africa’s trade patterns in recent years. In 2007, 38 per cent of South African manufactured exports went to Europe, with 25 per cent going to Africa. By 2012 the picture had reversed, with 25 per cent going to Europe, and 38 per cent going to Africa.
So what is to be done? •  At the Pittsburgh Summit, the G20 Leaders called on the FSB to propose by endOctober 2010 possible measures to reduce these problems.