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Event preview: BRICS Africa Export Import Forum is another first for SAITEX


- Stephen Oehley (pictured right)


Director of the BRICS Africa portfolio at South African Trade Promotions


T


he vast, largely untapped potential for BRICS intra Africa trade is to receive a major boost, through the newly- launched BRICS Africa Export Import Forum, which will run alongside the Southern African International Trade Exhibition (SAITEX), taking place from 15th to 17th July 2012 at the Gallagher Convention Centre, Midrand.


The BRICS Africa Export Import Forum is the only event that is dedicated to showcasing the range of services and support available for BRICS Intra Africa trade. Products and services that will be showcased cover the entire import/export supply chain – including


trade and investment promotion agencies, export/import consultants, Export Councils, Chambers of Commerce, banking and trade finance, credit guarantee and insurance services, customs brokers and revenue services, certification and audits, training, media, as well as companies involved in freight logistics including shipping lines, airlines, road and rail operators and courier companies.


According to the Standard Bank Group, trade between BRIC nations and Africa increased almost eight times, from $21.9 billion in 2000 to $164.6 billion in 2008. By 2030, this figure is expected to exceed $4 trillion.


Pictured left to right: Brasilian President Dilma Rouseff, Russian President Dmitry Medvedev, Indian Prime Minister Manmohan Singh, Chinese President Hu Jintao, and South African President Jacob Zuma


May 2012 | Management Today 25


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