Advocate Mtho Xulu, chairperson of the Trade and Investment Working Group of the South African chapter of the BRICS Business Council, said the consultations were intended to move discussions beyond theory and toward practical implementation.

The South African chapter of the BRICS Business Council (SABBC) has launched a new drive aimed at strengthening the country’s trade and investment ties within the expanding BRICS+ bloc.

This comes as business leaders and policymakers seek ways to reduce trade barriers, improve payment systems and boost industrial growth.

The initiative was unveiled during the first in a series of structured consultative dialogues on global trade and finance hosted by the SABBC in a private session Johannesburg on Wednesday.

The gathering brought together business executives, economists, trade finance specialists and sector experts to discuss practical strategies for increasing South Africa’s participation in BRICS+ trade and investment opportunities ahead of the country’s planned BRICS chairship in 2028.