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Agriculture on the agenda in SA/Tanzania talks

05 Aug 2011 - by Staff reporter
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Enhancing co-operation
in the fields of mining,
trade, energy and
agriculture formed the
basis of talks between
President Jacob Zuma
and his Tanzanian
counterpart, Jakaya
Kikwete, who was in
South Africa late last
month.
Issues of co-operation
at a regional level,
especially within SADC,
and other matters
affecting the continent
were also high on the
agenda.
South Africa and
Tanzania have strong
economic links. SA is the
third largest exporter
to Tanzania, with
a market share of
9.63%, according to
BuaNews.
However, the
trade balance
between the two countries
shows South Africa’s
exports to Tanzania went
from R3.5 billion in 2009
to R3.1 billion in 2010.
On the other hand, the
picture shows imports
from Tanzania growing
by almost 100% from
R236 million in 2009 to
R464 million in 2010.
South African
exports to Tanzania
consist predominantly
of manufactured goods
while imports from
Tanzania are mainly gold,
coffee, cashew nuts and
cotton.

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