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Record Chinese participation at SAITEX 2024 reflects strengthening trade ties

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Record Chinese participation at SAITEX 2024 reflects strengthening trade ties

2024-06-21 22:06 Last Updated At:06-22 01:27

The South African International Trade Exhibition 2024 (SAITEX) held in Johannesburg saw a significant increase in participation from Chinese companies, marking a boost for the event.

The heightened interest followed commitments made at last year's BRICS summit, where leaders vowed to strengthen trade relations and bilateral ties between China and South Africa.

SAITEX, one of Africa's largest and most influential trade exhibitions, took place from June 11 to 13. Over the last 30 years, it has played a pivotal role in facilitating connections between African businesses and international companies.

"We've grown the event tremendously this year. So we are expanding on our pavilions so we have got Chinese pavilions, we've got pavilions from Indonesia, from Brazil, from Pakistan. So we've really grown the pavilion sector of the exhibition as well as a lot of other international, but also supporting local companies within South Africa," said Margaret Peters, Event Director at DMG Events.

Since returning to the show in 2023 after the easing of COVID-19 restrictions, increased interest from China has been a boost.

"It's our first time in South Africa. I hope we will be able to bring Chinese agricultural products and food into the South African market," said Li Hao, CEO of Jinxiang Jinhaoyuan Agriculture Company.

"We do business with South Africa for more than 10 years. I love South Africa, also the people here. We have a lot of partners here. So today is a chance for the exhibition. We also came to visit our partners. So this is a very good chance for us to get more business," said Cui Xiaoling, China Bridge Group International Cargo Service manager.

More companies are increasingly looking towards the continent following a revitalization of relations between China and South Africa during last year's BRICS Summit.

"We want to cooperate with South Africa. So I think more and more Chinese companies will come to South Africa and cooperate with the local market customers," said Bian Ruonan, manager of Laiwu Taifeng.

There was something for everyone as buyers scoured the exhibition searching for their ideal products.

"I'm here to source for suppliers. I'm in the school food environment. We promote healthy eating for schoolchildren. I've seen others from Botswana as well. They kind of do something that's the same as us, providing dehydrated packs like school options. But China thus far has been the best option," said Labani Mgimeti, a purchasing manager for school lunch meals.

Trade shows like SAITEX provide businesses with the opportunity to connect on a more personal level as African companies and those from abroad seek new markets.

Record Chinese participation at SAITEX 2024 reflects strengthening trade ties

Record Chinese participation at SAITEX 2024 reflects strengthening trade ties

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U.S.-led coalition mission in Iraq drawing to end by September 2025

2024-09-28 20:00 Last Updated At:20:37

The U.S.-led international mission formed a decade ago to combat the Islamic State extremist group in Iraq will cease to exist by September 2025, said a joint statement issued Friday by the U.S. and Iraqi governments.

There will be, however, a "transitioning to bilateral security partnerships in a manner that supports Iraqi forces and maintains pressure on ISIS," said the statement, which on the U.S. part was carried by the State Department's website, using the abbreviation of an alternative name of the Islamic State known as the Islamic State of Iraq and Syria.

According to the statement, the Iraq-U.S. Higher Military Commission which consists of representatives from both sides will formulate necessary measures to ensure the safety of coalition advisors present in Iraq during the transitional period.

The coalition's military mission in neighboring Syria, where the Islamic State also operates, "will continue until September 2026," the statement said.

The statement provided few details as to what, if any, number of U.S. troops will leave Iraq as a result of the end of the mission.

"I just want to foot stomp the fact that this is not a withdrawal. This is a transition. It's a transition from a coalition military mission to an expanded U.S.-Iraqi bilateral security relationship," a senior U.S. official told reporters during a briefing Friday.

The United States has some 2,500 military personnel in Iraq and roughly 900 troops in Syria, tasked with the mission of fighting Islamic State militants while also serving as trainers and advisors to local security forces.

U.S.-led coalition mission in Iraq drawing to end by September 2025

U.S.-led coalition mission in Iraq drawing to end by September 2025

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