Arab Times

South African business team to visit Kuwait to enhance economic, commercial relations

Visit starts from Sept 14 to 17

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KUWAIT CITY, Sept 12: The South African Department of Trade and Industry (dti) will lead a business delegation from the nine different provinces in South Africa to the State of Kuwait from 14-17 September 2019. The dti and the South African Embassy in the State of Kuwait have been collaborat­ing to promote all the nine provinces of South Africa given the diverse range of products each province provides. The sectors included are agro-processing, metal beneficiat­ion, energy, marine, ICT, constructi­on and engineerin­g and pharmaceut­icals and healthcare. The purpose of the visit is to further strengthen the trade relations between the two countries and to explore potential business opportunit­ies between South African companies and their Kuwaiti counterpar­ts.

The delegation’s programme will include a Business Seminar at the Kuwait Chamber of Commerce and Industry in the morning of Monday, Sept 16. B2B meetings will be held at the Chamber following the Business Seminar. The delegation will also hold bilateral meetings with relevant business stakeholde­rs including the Kuwait Union of Consumer Cooperativ­e Society (KUCCS), and other business stakeholde­rs relevant to the identified sectors.

In 2005, South Africa and Kuwait signed a Trade Agreement and an Economic and Technical Cooperatio­n Agreement which affirmed the two countries’ commitment to build strong and mutually beneficial economic and commercial relations. Kuwait (and the Middle East), is an important trade and economic partner for South Africa. Kuwait is the sixth largest export destinatio­n for South Africa in the Middle East. The forthcomin­g visit follows on the footsteps of previous successful dti led business delegation­s in 2015, 2016 and 2018

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