From left: Brazil’s President Michel Temer, Russian President Vladimir Putin, Chinese President Xi Jinping, President Jacob Zuma and Indian Prime Minister Narendra Modi at the Brics Summit at the Xiamen International Conference and Exhibition Centre in Xiamen, south-eastern China’s Fujian Province, yesterday. The ninth Brics (Brazil, Russia, India, China and South Africa) Summit ends today. Picture: AP

JOHANNESBURG - The sanctions that Russia imposed on fresh produce imports from the EU, the US and a number of other countries until the end of December next year present an opportunity for South African businesses. 

This is according to the minister plenipotentiary at the South African Embassy in Russia, Henry Short, who urged South African businesses to keep knocking for trade opportunities in the Russian market. 

Short was addressing a 20-member South African business delegation that is participating in the 2017 World Food Moscow International Exhibition, which began yesterday and will end on Thursday. 

“The bilateral relations between South Africa and Russia are good. Our investment and participation in this international exhibition is evident to this effect,” said Short. 

The companies, whose participation was made possible by the Department of Trade and Industry through its export marketing and investment assistance scheme, will be showcasing their products to more than 28000 trade visitors from 78 Russian regions and 89 countries.

- BUSINESS REPORT