“This is a serious effort on our part to push trade and economic ties with South Africa. The objective is to remove all trade barriers, non-tariff barriers and address issues impacting businesses of both sides,” said CII deputy director Navita Vinayak.
“The aim is $12 billion bilateral by 2012,” Vinayak, who handles the chamber’s Africa desk, told IANS. The two-way trade stood at $7 billion last year. The organizers have identified pharmaceuticals, healthcare, food processing, automobiles, components, biotechnology, information technology, telecommunications, infrastructure, roads and railways as the focus areas of the four-day show.
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