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The Department of Trade and Industry, (the dti) will lead a delegation of businesspeople on an Investment and Trade Initiative (ITI) scheduled to take place in Porto Alegre and Sao Paulo, Brazil from 16-18 March 2016. The objective of the ITI to Brazil is to increase exports of value-added products to the Brazilian market.

According to the Minister of Trade and Industry, Dr Rob Davies, South African companies have made inroads into the Brazilian market, with select products being marketed by companies with a strategic and long-term perspective of the Brazilian market which have been able to penetrate and unlock long-term and sustainable exports.

“The ITI will focus on showcasing South Africa’s diverse range of capabilities to produce world class products and services in the targeted sectors which include agro-processing (rooibos tea, dried fruits, spices, sauces, frozen fish and sparkling 100% fruit juice), industrial chemicals and automotive components,” said Davies.

Davies also said South African companies have developed highly specialised skills and products and that there are various opportunities for South African companies to market their expertise and collaborate in projects with their Brazilian counterparts.

The programme of the ITI will include trade and investment seminar, business-to-business meetings and sector-specific business site visits to companies in São Paulo and Porto Alegre.

Issued by The Department of Trade and Industry