Wednesday 12 October 2016

South Africa takes centre stage at #BRICS2016

South African trade takes centre stage at the inaugural BRICS Trade
Fair in New Delhi from Wednesday 12 – Friday 14 October 2016.

Thirty three South African companies will showcase their value
proposition to business people and investors from the BRICS block
ahead of the annual Summit of leaders from Brazil, Russia, India,
China and South Africa scheduled for 15-16 October 2016 in Goa.  The
Summit will be held under the theme "Building Responsive, Inclusive
and Collective Solutions."

Companies from KwaZulu-Natal, Gauteng, Western Cape and Eastern Cape
have been chosen, based on their applications to participate in this
programme through the Export, Marketing, and Investment Assistance
Scheme (EMIA) of the DTI.

The Department of Trade and Industry's Deputy Director General of
Trade and Investment South Africa(TISA) Ms Pumla Ncapayi, briefing
South African business representatives ahead of the Trade Fair on
Tuesday 11 October 2016 said, "The BRICS formation aims to offer an
alternative to the commonly accepted global political and economic
architecture."

"Strengthening inter-BRICS trade and economic relations will be an
important enabler of this alternative narrative.  Furthermore the
BRICS Business Council Working Groups will also convene ahead of the
Summit.  This Working Group is seized with how to enable the ease of
doing business including matters related to projects that will advance
our developmental objectives in agriculture manufacturing, financial
services, infrastructure and skills development," said Ms Ncapayi.