The Diplomatic Society

 
  • Increase font size
  • Default font size
  • Decrease font size

Denmark set to improve trade with SA

4 November 2014

Pretoria - Denmark is expected to improve trade relations with South Africa following a meeting between the two countries’ trade ministers.

Department of Trade and Industry (dti) Minister Rob Davies held a meeting with Danish Minister of Trade and Development Cooperation, Mogens Jensen, on Monday in Cape Town.

Denmark is set to improve trade with South Africa by 50%.

Minister Jensen said that they see South Africa as a port to the rest of Africa with 27 000 Danish citizens visiting South Africa yearly.

Minister Jensen also said that they would like to have a direct flight connection to Denmark.

South Africa and Denmark’s bilateral trade and investment relations are governed by the European Union and South Africa, Trade, Development, and Cooperation Agreement.

Total trade between South Africa and Denmark have steadily been on the increase with total trade at R2.9 billion in 2009 having increased to R3.4 billion in 2011. In 2013, total trade increased to R4.8 billion.

“The total exports to Denmark from South Africa increased from R1 billion in 2009, R1.4 billion in 2011, with the exception of 2010(R917 million), 2012 (R1 billion) and 2013(R890 million). The decrease in total exports from South Africa to Denmark in 2012 and 2013 can be attributed to decline in external demand, due to slow recovery in the EU (28),” said Minister Davies.

The Ministers also discussed amongst others Bilateral Investment Treaties and the Tripartite Free Trade Area.

On the Tripartite Free Trade Area, Minister Davies said that the approach is developmental and has three pillars, namely Infrastructure Development, Industrial Development and Market Integration.
He further added that the Tripartite Free Trade Area will be launched next month. - SAnewsgov.za

 


 
 
 
 

_________________________________________________

February 2017 Edition

 border = 0
_________________________________________________

Translater


 
 
Slide-0
Slide-1
Slide-2
Slide-3
Slide-4
Slide-5
Slide-6
Slide-7
Slide-8
Slide-9
Slide-10
Slide-12
Slide-13
Slide-14
01/14 
start stop bwd fwd
 
 

Police Action for IDSA members 15 February 2017 Commander Chris Opperman, of the Tshwane Metro Police, and his team attended IDSA's January coffee meeting hosted by Champa Weerasekara, of Sri... <|> Kazakhstan is shifting to a new model of power distribution The President of Kazakhstan, Mr Nursultan Nazarbayev addressed the nation on 25 January 2017 regarding the issue of redistribution of... <|> Algeria to get a taste of SA culture 14 February 2017 Algerians will get an opportunity to sample South Africa’s artistic talent when the cultural seasons is launched in that country on 24... <|> Children’s hospital designed by children 15 February 2017 The Nelson Mandela Children’s Hospital (NMCH) in Johannesburg South Africa has taken every care to make sure that sick children have... <|> Najm us Saqib’s novel 'BAOO' launched in South Africa 12 February 2017 Mr Najm us Saqib, High Commissioner of Pakistan in South Africa has launched his book 'BAOO' in Pretoria. This is the first... <|> Easing travel regulations between South Africa and Kenya 3 May 2016 South Africa and Kenya have announced measures that will make travelling between the two countries easier. South African Home... <|> Shaping the global order – foreign policy beyond crisis management 17 February 2017 South African International Relations and Cooperation Minister Maite Nkoana-Mashabane concluded a successful... <|> South Africa-China Comprehensive Strategic Partnership 19 February 2017 International Relations and Cooperation Minister Maite Nkoana-Mashabane has concluded a successful working visit to Beijing... <|> Redistribution of Powers: New Stage of Kazakhstan’s Democracy Development 23 February 2017 By the end of February 2017 the project on constitutional reform in Kazakhstan will be presented for... <|> Red Cross Humanitarian Diplomacy:  Providing  Humanitarian Relief for 150 years By Srimal Fernando Global EditorThe Diplomatic Society  Looking back at the past  hundred... <|>
© copyright 2011-2017| The Diplomatic Society| All Rights Reserved.