S. Africa explores business development experience in India
Updated: 2012-08-20 13:12
(Xinhua)
|
|||||||||
JOHANNESBURG - With the global economic volatility, South Africa is exploring how the Indian small, medium and micro enterprises (SMME) contribute to their national economy, a government official said on Sunday.
The remark was made by the South Africa's Deputy Minister of Trade and Industry Elizabeth Thabethe before starting her visit to India, who said South Africa and India are both developing countries, confronted by similar economic development challenges.
"However, the latest developments have indicated that India has progressed impressively in the area of informal business development," said the deputy minister.
The official will be in India from Aug 19 to 31, scheduled to visit four cities including Kerala, Chennai, Mumbai and New Delhi.
She will study progress made by India in informal business development as well as the connection between the rural economies and the mainstream economy of the country.
"Institutions that we will be engaging with will present simple solutions for South Africa's SMMEs, especially key challenges facing small business development in the country, including the provision of business development support, access to finance, technology and market development," said Thabethe.
"The aim for her to visit to India is to create market penetration for South African value-added products and services in India and to promote South Africa as a trade and investment destination," said the spokesperson of the Department of Trade and Industry Sidwell Medupe.
- Relief reaches isolated village
- Rainfall poses new threats to quake-hit region
- Funerals begin for Boston bombing victims
- Quake takeaway from China's Air Force
- Obama celebrates young inventors at science fair
- Earth Day marked around the world
- Volunteer team helping students find sense of normalcy
- Ethnic groups quick to join rescue efforts
Most Viewed
Editor's Picks
Supplies pour into isolated villages |
All-out efforts to save lives |
American abroad |
Industry savior: Big boys' toys |
New commissioner
|
Liaoning: China's oceangoing giant |
Today's Top News
Health new priority for quake zone
Xi meets US top military officer
Japan's boats driven out of Diaoyu
China mulls online shopping legislation
Bird flu death toll rises to 22
Putin appoints new ambassador to China
Japanese ships blocked from Diaoyu Islands
Inspired by Guan, more Chinese pick up golf
US Weekly
Beyond Yao
|
Money power |