SA and India plan to increase mutual trade


SA and India plan to increase mutual trade

Trade and Industry Minister Rob Davies has welcomed the SA-India Business Summit as offering increased economic opportunities between the two Brics countries.

Davies told Business Report on Monday that South Africa needed partners on its new growth path which was evidenced by the increasing consumer confidence, adding that the country was an emerging market of choice in 2018.

He said India and South Africa should develop strong links to address issues pertaining to inclusivity and curbing the scourge of poverty and inequality.

Davies said Indians had identified South Africa’s lucrative mining sector as one of the sectors they would like to invest in. Davies said he would engage further with India’s Commerce and Industry Minister Suresh Prabhu on increasing South African companies footprints in India. Read More

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