Hotline: 1800 102 2007
X
Search Business Opportunities
2011-03-10

India, S. Africa trade target crosses $10

An early finalisation of Preferential Trade Agreement between India and the Southern Africa Customs Union (SACU)

External Affairs Minister S.M. Krishna held wide-ranging talks with his South African counterpart Maite Nkoana-Mashabane They discussed a host of bilateral issues, including trade and investment, security cooperation and the UN reforms. Both sides expressed satisfaction that the target set by Prime Minister Manmohan Singh and President Jacob Zuma during his visit to India in June last year of bilateral trade of USD 10 billion by the year 2012 is likely to be achieved in the current financial year 2010-11, a joint statement issued at the end of the ministerial meeting said.

The two countries agreed for an early finalisation of Preferential Trade Agreement between India and the Southern Africa Customs Union (SACU). According to the statement, India welcomed South Africa into BRIC (Brazil, Russia, India and China), to which it has been recently admitted. The UN reforms also figured prominently in the discussions. "Both India and South Africa have joined the United Nations (UN) Security Council as a non-permanent member for the period 2011-12 and would work together in the council to hasten the process of reform of the United Nations, including reform of the Security Council," the statement said.

Related opportunities
  • Aviation & Hospitality Training Institute
    About Us: Frankfinn has been growing at phenomenal speed since its..
    Locations looking for expansion Haryana
    Establishment year 1993
    Franchising Launch Date 2003
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 4000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
  • Security Services
    About Us: A GPS tracking unit is a device that uses..
    Locations looking for expansion Delhi
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 50 K - 2lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Laundry & Dry Cleaning
    Fully Integrated One-Stop Laundry Solutions Expert! About Us: Waashub is a full-scale..
    Locations looking for expansion Karnataka
    Establishment year 2015
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
  • Casual dine Restaurants
    About Us: Started in 2017, Runway1 is a unique Theme based..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 2 Cr. - 5 Cr
    Space required 13500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts