INDIA COMMITED TO EXPAND AND DIVERSITY TRADE WITH AFRICA
ADDRESSES INDIA BUSINESS FORUM IN SOUTH AFRICA
Date : 22 Aug 2009
Location : New Delhi
New Delhi: August 22, 2009
Shri Anand Sharma, Union Minister of Commerce and Industry, during his address at the India Business Forum (an umbrella organization of Indian business representatives in South Africa), in Pretoria, South Africa today, emphasized India’s commitment to further expand and diversify trade with Africa, to which South Africa was a gateway. During his interaction, Shri Sharma highlighted the need for Indian businesses to continue their proactive engagement in South Africa with its emphasis on ethical factors as well as job creation and skills development for the local economy which was a distinct element of Indian investment as compared to other foreign investors.
Shri Sharma called on Mr. Kgalema Motlanthe, Deputy President of South Africa, in Pretoria today and discussed the key aspects of bilateral relations and steps being taken to consolidate and diversify the strategic and economic partnership between the two countries. On the multilateral front, Shri Sharma briefed the Deputy President about the forthcoming WTO Ministerial Meeting being hosted by India in New Delhi from 3-4 September, 2009 to make progress on the Doha Round.
Shri Sharma is scheduled to call on President Jacob Zuma tomorrow and also hold bilateral meetings with the Minister for International Relations and Cooperation Ms. Maite E. Nkoana-Mashabane as well as his counterpart Dr. Rob Davies. The two Ministers would also address a meeting of CEOs of both countries in Johannesburg on 24 August. Shri Sharma would also address on ‘India’s Economic Engagement with Africa’ at the Gordon Institute of Business Science in Johannesburg the same evening.
Shri Sharma is currently on an official visit to South Africa from 20-24 August at the invitation of his counterpart, Minister of Trade and Industry, Dr. Rob Davies.