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ICYMI: South Africa plans to buy around USD1bn a year of liquefied natural gas from the US

Reports of a likely trade deal between South Africa and the US top include:

  • South Africa plans to buy liquefied natural gas from the US, around US$1 bn/year
  • In return, South Africa would avoid paying duty on exports of 40,000 vehicles a year to the US

This article was written by Eamonn Sheridan at www.forexlive.com.

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