JOHANNESBURG - Tunisian business people have indicated their commitment to establishing a business council with South Africa to stimulate trade and investment between the two countries, the department of trade and industry said on Wednesday.
The department's deputy minister Bulelani Magwanishe said he had used a trade and investment mission to visit several business associations in Tunisia's capital Tunis and discovered "disconcertingly low levels of trade and investment between the two countries".
"This is the reason why we have embarked on a serious engagement with the Tunisian private sector so that we can get the ball rolling to bring them in contact with their South African counterparts in order to do business,” Magwanishe said.
During the meetings, Tunisian business associations expressed their desire and keenness to work with the South African business chambers and associations to contribute in increasing trade and investment between SA and Tunisia. They all indicated that the starting point would be the establishment of a joint business council that would facilitate interaction and exchange of information among the businesspeople with the aim of identifying opportunities to jointly explore for investment and trade purposes.
Magwanishe said the council would not only be focusing on trade and investment only, but will also facilitate skills transfer, industrialisation and infrastructure development.