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India, SA trade targets

India - South Africa Trade

India - South Africa Trade

Pretoria – South Africa and India are set to reach a target of 15 billion US dollars of trade before the agreed upon deadline of 2014, President Jacob Zuma stated. [Read more...]

SA companies showcase in Brazil

Trade and Investment

Trade and Investment

South African enterprises are proving their mettle by showcasing their abilities and experiences gained over the course of hosting the 2010 Soccer World Cup at the Investment and Trade Initiative (ITI) currently taking place in Brazil. [Read more...]

SA open for business

SA open for business

SA open for business

Pretoria – South Africa has enormous potential as an investment destination that offers promising opportunities in automotive components, aerospace, chemicals and agro-processing, says Trade and Investment Minister Rob Davies. [Read more...]

Tough talk over industrialisation expected

Bolster industrialisation

Bolster industrialisation

Cape Town – As South Africa moves to bolster industrialisation efforts within its own borders, the planned roll out of a giant free trade area across Africa may hit a snag when it comes to negotiating about trade in manufactured goods between member countries, the Minister of Trade and Industry Rob Davies said yesterday. [Read more...]

Davies maps route for free trade area

Trade and Industry Minister Rob Davies

Trade and Industry Minister Rob Davies

Cape Town – The first phase of setting up a free trade area across 26 countries in Africa is expected to come into effect in three years, Trade and Industry Minister Rob Davies said on Monday.

Briefing the media in Parliament, following Sunday’s meeting in Sandton to set up a free trade area between the Southern African Development Community (SADC), the Common Market for Eastern and Southern Africa (Comesa) and the East African Community (EAC), Davies said member countries had agreed to carry out negotiations in two phases – with the first to be concluded within 36 months. [Read more...]

Deal to boost trade and investment

Free trade deal could boost trade, investment in Africa.

Cape Town- A grand free trade agreement among African states – under discussion next weekend –could boost intra-continental trade and investment.

The Southern African Development Community (SADC), the East African Community (EAC) and the Common Market for East African States (Comesa) are to meet in Pretoria on June 11 and 12 to discuss the idea of a tripartite free trade agreement (FTA) first mooted three years ago. [Read more...]