South Africa and Chile committed to enhanced trade and investment relations during the fourth Joint Trade and Investment Commission meeting in Pretoria recently.
Their goal is to strengthen bilateral economic relations, promote investment and growth, and facilitate the diversification of trade, according to the Department of Trade and Industry (dti) chief director of bilateral relations, Victor Mashabela.
This will be done through the formation of a joint business council. South Africa will also invite Chilean experts to collaborate on research and development, exchange of information and capacity building and training with regard to oyster breeding.
“This will build on the scoping mission undertaken by South Africa through [the] Department of Agriculture, Forestry and Fisheries in May 2017,” said Mashabela.
