OTTAWA - As Prime Minister Mark Carney heads to Johannesburg for the G20 summit, Canada and South Africa are talking about a deal to boost bilateral trade and investment that could see more South African wine on Canadian shelves in exchange for gas exports.
“We are pursuing a strategic partnership with Canada,” South African High Commissioner Rieaz Shaik told The Canadian Press. “I’m calling it a gas-for-wine deal.”
Shaik said the talks are focused on five sectors — agribusiness, infrastructure, mining, energy and advanced technologies — and the final deal likely would take the form of a foreign investment promotion and protection agreement.
The agreement, he said, would be one focused on expanding private sector engagement rather than a conventional trade deal focused on goods.
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