South Africa Monday said Indian companies can collaborate with its firms in sectors like agriculture, infrastructure, power and mining to boost the bilateral trade.
Infrastructure and mining are the sectors where we see big opportunities between two countries, South African Deputy Minister of
Trade and Industry Elizabeth Thabethe said at an Assocham function in the Indian capital here.
She said, "...we look forward to welcome more Indian investors into our country and to work with you to ensure a productive and profitable experience for the companies that
invest and trade in South Africa."
Thabethe is leading a 100-member delegation for the second South African International Trade Initiative.
Talking about the cooperation in the healthcare sector, the minister said, "We are currently taking some medicines from India and
want to take more (medicines) as they are available at good prices."
During 2009-10, bilateral trade between the two nations stood at USD 7.7 billion.
India's exports to South Africa comprise minerals and chemicals, aircrafts and machinery, while imports include steel, coal, fertilisers, precious stones and transport equipment.