The Economic and Trade Exchange Forum between China’s Zhejiang Province and the Eastern Cape Province was held on 10 September 2019 at the Coega Vulindlela Village in Port Elizabeth, Nelson Mandela Bay, South Africa.
Facilitated by the Coega Development Corporation the Trade Exchange Forum seeks to leverage local business exports to the province of Zhejiang.
South Africa is Zhejiang’s largest source of imports. Imports from SA hit $1 Billion in the first half of 2019 representing 42% of the total imports from Africa.
The main exports to Zhejiang from South Africa are: Iron Ore, Scrap Metal, Wool, Wine and Fruits.
Overshadowing the Trade Forum is the ongoing xenophobic violence elsewhere in South Africa, leading to a few more visible ‘heavies’ dotted around the Village and a slight feel of nervousness from our guests.
That such export trade is being promoted and nurtured by our local governmental agencies is admirable. Wait for the BUT!
What I cannot get my head around is the fact that we have to export products such as Iron Ore, Scrap Metal, Wool etc. For years we have been exporting our most basic of products, ignoring the benefication process, allowing