Hon House Chair, the ANC fully supports this R9,8 billion people's budget, Budget Vote No 36: Trade and Industry, because it is a budget for employment. It is a budget for productive investment and radical, inclusive economic transformation that will use industrialisation to move the country forward, because we will unlock the people's potential.
You are quiet right, EFF, by saying that there is a 75% commitment from the public sector to procure from local companies and entities. Yes, that is President Jacob Zuma's commitment which is totally underpinned by Trade and Industry, including yourself.
Localisation is the name of the game. One only has to look at the automotive sector to realise that we have developed, produced and manufactured components, and in that way we have been adding value, both upstream and downstream, because we recognise that through manufacturing you do not necessary directly create jobs; you actually create jobs upstream and downstream, as you well know.
Now, about the trade, yes, DA, the ANC is going to recapture that policy space and that is why we are getting rid of those first-generation bilaterals. We do not want to be economically recolonised, and Trade and Industry has had to spend a lot of money addressing the liberal attitude and liberal interventions that have led to market failures globally, never mind just here in our country. [Applause.]