EAST MEETS SOUTH:
Japan is currently South Africa’s third-largest trading partner, with R192bn annually, Minister of Trade and Industry Rob Davies said. He briefed the media upon his return from an official state visit to Japan to discuss new areas of economic collaboration between the two countries. Japan was particularly interested in getting involved in the automotive and minerals beneficiation sectors. According to a joint study on future economic co-operation, Japan is also particularly interested in investing in the agro-processing industry and increase exports from South African fruit, meat, wine, tea and oil-seed producers.