Oct 2011

Norway visit boosts trade and jobs

Written by Bathandwa Mbola

International relations

President Jacob Zuma and several Cabinet members visited Norway recently to increase trade between Norway and South Africa. This is part of government's commitment to create jobs as set out in the New Growth Path.

The President's visit followed a state visit by Norway's King Harald V to South Africa in 2009.

President Zuma said the State visit would strengthen cooperation between the two countries, especially in addressing national priorities such as reducing poverty, inequality and unemployment.

A South African business delegation accompanied the President to explore opportunities to further boost economic ties between the two countries.

Trade between South Africa and Norway has increasing in value, from R746 million in 2005 to more than R3 billion last year.

This growth was driven by a major increase in South African exports to Norway since South Africa became a net exporter to Norway in 2007.

President Zuma said South African companies would like to partner with Norwegian companies in the oil and gas industries, as well as environment and marine technology and innovation and knowledge-based fields.

For more information, call the Department of International Relations and Cooperation 012 351 1000.
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