ID :
171397
Mon, 03/28/2011 - 21:04
Auther :
Shortlink :
https://oananews.org//node/171397
The shortlink copeid
S Africa invites Indian cos to invest in mining,agri sectors
New Delhi, Mar 28 (PTI) South Africa Monday said
Indian companies can collaborate with its firms in sectors
like agriculture, infrastructure, power and mining to boost
the bilateral trade.
Infrastructure and mining are the sectors where we see
big opportunities between two countries, South African Deputy
Minister of Trade and Industry Elizabeth Thabethe said at an
Assocham function in the Indian capital here.
She said, "...we look forward to welcome more Indian
investors into our country and to work with you to ensure a
productive and profitable experience for the companies that
invest and trade in South Africa."
Thabethe is leading a 100-member delegation for the
second South African International Trade Initiative.
Talking about the cooperation in the healthcare
sector, the minister said, "We are currently taking some
medicines from India and want to take more (medicines) as they
are available at good prices."
During 2009-10, bilateral trade between the two
nations stood at USD 7.7 billion.
India's exports to South Africa comprise minerals and
chemicals, aircrafts and machinery, while imports include
steel, coal, fertilisers, precious stones and transport
equipment.
Indian companies can collaborate with its firms in sectors
like agriculture, infrastructure, power and mining to boost
the bilateral trade.
Infrastructure and mining are the sectors where we see
big opportunities between two countries, South African Deputy
Minister of Trade and Industry Elizabeth Thabethe said at an
Assocham function in the Indian capital here.
She said, "...we look forward to welcome more Indian
investors into our country and to work with you to ensure a
productive and profitable experience for the companies that
invest and trade in South Africa."
Thabethe is leading a 100-member delegation for the
second South African International Trade Initiative.
Talking about the cooperation in the healthcare
sector, the minister said, "We are currently taking some
medicines from India and want to take more (medicines) as they
are available at good prices."
During 2009-10, bilateral trade between the two
nations stood at USD 7.7 billion.
India's exports to South Africa comprise minerals and
chemicals, aircrafts and machinery, while imports include
steel, coal, fertilisers, precious stones and transport
equipment.