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Africa
Economy
Imports and Exports

SA and Namibia to strengthen trade ties

12 Oct 2023 - by Staff reporter
 Source: GCIS
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Namibia and South Africa’s business executives explore opportunities to increase trade and investment flows between the two countries at the Namibia-South African Business Forum and Exhibition on Friday.

The Business Forum and Exhibition, which will be held at the Windhoek Country Club, will focus on strategic priority sectors agreed to by both countries, namely, agriculture and agro-processing, automotive, clothing and textile, and green hydrogen, including exploring opportunities to strengthen cross-border value chains and the integration of infrastructure and logistics supply chains.

Held under the theme ‘Forging a new era of mutually beneficial and reciprocal trade and investment relations” the event is hosted by Namibia’s Ministry of Industrialisation and Trade on the margins of third session of the Namibia-South Africa Bi-National Commission (BNC). The commission is co-chaired by President Cyril Ramaphosa and Namibian President Hage G. Geingob.

Trade, Industry and Competition Minister Ebrahim Patel and Namibian Minister of Industrialisation, Lucia Lipumbu, are expected to address the business forum.

The programme includes presentations on opportunities to strengthen value chain linkages, exhibitions, business-to-business meetings, and breakaway sessions for in-depth discussions on value chains in agriculture, automotive, green hydrogen, and the clothing and textile sectors.

It is anticipated that a joint Namibia–South Africa business forum will be created at the event and institutionalised to become a major platform to and solidify trade, industrial and investment linkages between the countries. – SAnews.gov.za

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