Dti to lead business delegation to China

Wednesday, August 4, 2010

Pretoria - Trade and Industry Deputy Minister Maria Ntuli is to lead a 35-member business delegation to the World Expo 2010 in China.

The six-day expo, which kicks off on Saturday, is themed "Better City, Better Life", highlighting the concern of the international community for future policy making and sustainable development.

The South African delegation will consist of business people in defence, security, arts and crafts, textile sectors and officials from three provincial economic development agencies.

"The South African business people will get an opportunity to meet with their Chinese counterparts for possible investment deals and partnerships," said the department.

Ntuli is due to address a business seminar where presentations on trade and investment opportunities available in both countries will be done.

She will also tour the South African Pavilion at the expo where South African companies will be showcasing their products and services.

The ministry said over one million people had already visited the SA Pavilion by the end of June.

South Africa's participation in the expo is set to strengthen mutually beneficial trade and economic ties between the two countries, raise the profile of South Africa - China relations, showcase South Africa's technology advancement and innovation, mining beneficiation and technology capabilities, defence technology, agro-processing, energy, ICT, and engineering.

It will also increase foreign direct investment into South Africa and increase joint ventures.