Monday, May 7, 2012

Business between India and SA ...

SA, India 'on course' for $15bn in trade

4th May 2012

Indian President, Pratibha Devisingh Patil is on an official visit to South Africa along with a business delegation and several government officials travelling with her.

South African President Jacob Zuma addressing the South Africa-India Business Forum in Pretoria on Thursday highlighted that a target was set by the two governments during Zuma's state visit to India in 2010 and the business between the two countries were set to reach $15-billion in trade by 2014. He further mentioned that, going by the latest trade figures - close to $7-billion has already been achieved by the end of 2011 and the target could be achieved earlier than anticipated.

"We are on the right path indeed," Zuma said.

Source : SAInfo

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