Advertise with fastmoving.co.za
 
 

SA, Poland sign trade deal
SA, Poland sign trade deal

SA, Poland sign trade deal

SERVICES NEWS

Fin24.com/ Sapa - Oct 23rd, 08:27

Johannesburg - South Africa has endorsed a trade deal with Poland, Deputy President Kgalema Motlanthe has said 

"We have signed an agreement to create a joint economic commission (JEC) which will develop a framework for the further acceleration of our economic, commercial and technical co-operation," he said.

In a speech prepared for delivery at a meeting with Polish Prime Minister Donald Tusk in Johannesburg, Motlanthe said he hoped the JEC would provide both Polish and South African entrepreneurs and investors with better conditions to improve trade between the countries.

"Other opportunities for increased trade and investment exist in industries such as build infrastructure, mining, machinery building; in metallurgy, science and technology, and food processing."

Opportunities for direct foreign investment were developing in the paper, furniture, retail, and distribution sectors.

A further agreement was mooted between the Industrial Development Corporation and its Polish counterpart.

Motlanthe said trade between the countries had grown steadily over the past six years.From Fin24.com  

Related News

Manufacturing confidence low
15/11/2013 - 08:12
Business confidence in the manufacturing sector was weak in the third quarter of this year, according to a Manufacturing Circle survey.

SA retail sales growth at 0.2%
14/11/2013 - 11:07
Johannesburg - Retail sales grew at a sluggish 0.2% in September compared with the same month last year, after expanding by a revised 3.2% in August, Statistics South Africa said on Wednesday.

Survey: Shrink averages 1.5% of U.S. sales
13/11/2013 - 14:28
Thorofare, N.J. -- Shrink, comprised of shoplifting, employee or supplier fraud, organised retail crime and administrative errors, cost the retail industry more than $112 billion globally last year, and represented 1.4% of retail sales, on average, according to the 2012-2013 Global Retail Theft Barometer. In the United States, shrink came in at 1.5% of retail sales.

SA still unfavourable for job creation
12/11/2013 - 08:51
Cape Town - The permanent employment sector in SA has seen modest gains for the first time in 15 months, according to the latest Adcorp Employment Index.

Irish trade mission to SA in drive for growth in trade
11/11/2013 - 10:21
On the back of growing trade between Ireland and South Africa, Ireland’s Minister for Trade and Development, Joe Costello TD, will lead the third Enterprise Ireland trade mission to South Africa in November.