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The Minister of Trade and Industry, Dr Rob Davies will leave today for Maputo, Mozambique for the TICAD VI Ministerial Follow-up Meeting. The meeting which is co-organised by the Government of Japan, the United Nations Development Programme, the World Bank and the African Union Commission will take place from 24-25 August 2017 at the Joaquim Chissano International Conference Centre.
The objective of the meeting is to review progress following the adoption of the Nairobi Declaration together with its Implementation Plan during the TICAD VI Summit, held Kenya last year. The meeting will also review the status of implementation of the Yokohama Action Plan (2013-2017), adopted at the TICAD V Summit, held in Japan in 2013.
On the sidelines of the meeting, Minister Davies will address TICAD Business Forum, referred to as the ‘Dialogue with the Private Sector from Japan and Africa’. The TICAD Business Forum event is aimed at strengthening Japan-Africa economic relations and will facilitate high level engagements and business networking between African business leaders and their Japanese counterparts.
The deliberations of this Dialogue will focus on the following themes and sectors: energy, information technology, infrastructure health, mineral resources, finance, transport, construction and machinery.
The outcomes of the Dialogue will be reported to the TICAD VI Follow-up Ministerial meeting.
Minister Davies will also have bilateral meetings with Japanese business people that will provide an update of Japanese business activities and investments in South Africa.
During 2014, Japan exported vehicles worth US$ 4,502 million to Africa, accounting for 3.16% of Japan’s global vehicle exports. South Africa has been the main destination followed by Kenya and Egypt. South Africa has consistently been the number one trading partner for Japanese imports from Africa, followed by Nigeria, Algeria, Gabon and Equatorial Guinea in recent years.
Issued by Department of Trade and Industry
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