SA, India and China sign trade MoUs

Co-operative umbrella
bodies from South Africa,
China and India have
signed Memorandums
of Understanding
(MoUs) to foster business
collaboration and
partnership between co-ops
in their countries.
President of the South
African National Apex
Cooperative (Sanaco),
Lawrence Bale, and director
of the All China Federation
of Supply and Marketing
Cooperatives, Li Zhanhai,
signed an MoU during the
opening ceremony of the third
BRICS Co-operatives meeting
held in Cape Town at the end
of October.
“Through this MoU the
two national umbrella bodies
have committed to realising
true and viable collaboration
between all co-operative
enterprises in China and
South Africa,” Bale said.