BRICS alliance should increase interest at SADC-China trade fair
The signing of South Africa's membership of the economic alliance of the major emerging markets of Brazil, Russia, India and China (BRIC) by President Zuma on 14 April 2011, should prove beneficial for the exhibitors at the SADC-China trade fair and investment forum, which opens at the MTN Expo Centre 18-20 May 2011.
The forum will be the first meeting of SADC and Chinese business players, following South Africa's joining of the BRIC grouping. China has already overtaken the UK and US as South Africa's biggest single trading partner and more than 60 major Chinese industrial concerns will participate in the trade fair and investment forum.
MK Malefane, a lobbyist who has acted as a consultant and facilitator for the expo organisers, is also co-ordinating preparations for a September launch of the Southern African Customs Union Business Forum, which will enable the private sector to become the implementation agency for the new SA Customs Union (SACU) policy of industrial diversification, replacing the existing revenue-sharing base of SACU.
For further information, go to www.expo-international.com.
