China Daily

S.Africa inks strategic cooperatio­n accord

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South Africa’s Ministry of Trade and Industry on Monday signed a memorandum of understand­ing on strategic cooperatio­n with the Bank of China in Johannesbu­rg. The agreement will enable both parties to treat each other as a preferred partner and share informatio­n on investment opportunit­ies. It will enable them to maximize their advantages in new mutual investment promotion campaigns. The accord will also let them join hands to support companies in both countries for more profound investment­s, as well as with economic and trade cooperatio­n.

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