This section will study the evolution of the oil trade and investment relationship between the selected SA countries and India and its main drivers. On one hand, we will focus the interest of India in SA-5 oil and its increasing dependence on South American natural resources. On the other hand, we will consider the SA-5 incentives and potential gains from trade and investment in oil with India. We will address these issues taking into account the key role of India and Brazil as B.R.I.C.S leaders, and competition with China for South American markets and oil.
Trade
SA’s share of ...