South African visit to India for improved trade - sportstextiles: Lea SportsTextiles

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South African visit to India for improved trade relations

11/09/2006
Deputy president Phumzile Mlambo-Ngcuka is to pay an official visit to India in response to increased market and trade access among countries of the south.

South Africa and India have a partnership in developing the agenda of the south, and are members of the India, Brazil, South Africa (IBSA) Forum.

Ms Mlambo-Ngcuka has been invited by Indian Vice President Bhairan Singh Shekhawat and will promote the objectives of South Africa's Accelerated and Shared Growth Initiative (AsgiSA) and Joint Initiative for Priority Skills Acquisition (JIPSA). She will also focus on co-operative projects for small industry development particularly for the benefit of rural women as well as the development of small businesses in the fields of ceramics, jewellery manufacturing and textiles.

Indian products exported to South Africa include cotton, yarn, finished leather goods, machinery and instruments, handmade yarn fabrics, handicrafts and hand made carpets. Products imported to the country from India include chemicals and precious metals. Total bilateral trade between the two countries grew to almost R14.5 billion ($1.9 billion) last year.




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