South Africa and Zambia to strengthen Trade Relations
The theme for this year’s meeting is Developing Afrocentric solutions and forging partnership in response to COVID-19
PRETORIA, South Africa, July 9, 2020/ --
The Deputy Minister of the Department of Trade, Industry and Competition (the dtic), Ms Nomalungelo Gina will address a virtual Trade and
Investment seminar with Zambia. The two day-session will take place
tomorrow, 9 July 2020 to Friday, 10 July 2020 from 09:00
The theme for this year’s meeting is Developing Afrocentric solutions and forging partnership in response to COVID 19.
Gina says that the seminar will focus on trade and investment
opportunities available in both Zambia and South Africa. It will also
provide a platform to also discuss strategic issues regarding Zambia’s
investment plans to stimulate the country’s economic growth in the midst of COVID-19 pandemic.
“South Africa’s main exports to Zambia include machinery and mechanical
appliances, base metals, mineral products, products of the chemical or
allied industries, plastics and articles thereof, vehicles, aircraft,
vessels and associated transport equipment,” says Gina.
She adds that key among issues to be discussed at the meeting will be
mineral beneficiation, to support the region’s African development
agenda.
“The ultimate goal is to mobilise South African and Zambian business communities to consider taking up investment opportunities in both
countries and to build-up on previous Outward Trade and Investment
Missions held in Zambia between 2015 and 2019. These mission yielded
significant results in exposing South African companies to the Zambian
market, deepening bilateral trade relations, creating greater knowledge
of South African opportunities, and improving awareness of investment
opportunities,” indicates Deputy Minister Gina.
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