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St. Petersburg International Economic Forum 2016

South Africa deputy trade minister to attend SPIEF

The twentieth St. Petersburg International Economic Forum (SPIEF) will be held on June 16-18 on a new site near St. Petersburg

The venue of the 20th St Petersburg International Economic Forum Ruslan Shamukov/TASS

The venue of the 20th St Petersburg International Economic Forum

© Ruslan Shamukov/TASS

St. Petersburg International Economic Forum 2016

PRETORIA, June 10. /TASS/. South Africa will send a delegation of the Department of Trade and Industry (DTI) headed by Deputy Minister Mzwandile Masina to the St. Petersburg International Economic Forum (SPIEF). "Over the last decade, SPIEF has become a leading international platform for the discussion of the key economic issues facing Russia, emerging markets, and the world as a whole," the DTI said on Friday.

"South Africa’s participation in the SPIEF is of significance because it reinforces South Africa’s commitment to strategic partnership that we have with Russia as one of the BRICS countries and drive bilateral relations between the two countries. It is also a strategic platform for us to promote not only South Africa but the African continent as a whole," Masina said.

Essential questions in the agenda of the bilateral dialogue between South Africa and Russia comprise "the search for new joint projects in prospective sectors of cooperation such as energy, transport, infrastructure, agriculture, exploration and elaboration of deposits, finance and innovation," the DTI said.

The twentieth St. Petersburg International Economic Forum (SPIEF) will be held on June 16-18 on a new site near St. Petersburg. The new economic reality and the search for new growth drivers will be key topics for discussions at the Forum.

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