Chinese delegation to visit Parliament

Tuesday, November 3, 2009

Pretoria - A Chinese delegation is set to visit Parliament to strengthen ties between the two nations today.

The First Vice Chairman of the Standing Committee of the 11 National People's Congress of China, Wang Zhaoguo and his 26-member delegation is expected to interact with Parliament's presiding officers until Wednesday.

The official visit stems from a Memorandum of Understanding signed in 2006 between the two legislatures committing the two nations to exchange views and update each other on implementation of agreements between the two governments.

This after the establishment of a Bi-National Commission in 2001.

Trade between the two nations stood at about R118 billion last year with South Africa's exports accounting for about R35 billion.

A Partnership for Growth and Development aimed at addressing the trade imbalance in China's favour through promoting infrastructure development projects, minerals beneficiation and market access was agreed to by both nations in 2007.

Additionally, South Africa and China have also signed an R18 million economic and technical cooperation agreement to support human resource development projects in this country.

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