Policy pivot injects fresh momentum into South Africa’s growth outlook
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Narendra Modi has turned recent diplomatic strains into concrete commercial gains, locking in a U.S. understanding that includes a headline reciprocal tariff reduction and large procurement pledges alongside a finalized trade pact with the European Union . Senior officials now see a materially higher probability that headline GDP will outpace official forecasts, though outcomes hinge on rapid legal codification, customs and regulatory changes and verification of promised purchases; regional tensions with Pakistan remain a key downside risk.

