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INTERNATIONAL

New conference, Trade Development Forum, to run alongside SAITEX 2018
Thursday, 10 May, 2018, 08 : 00 AM [IST]
Johannesburg
The Trade Development Forum, a new three-day conference, will run alongside the 2018 essay of SAITEX, Africa’s most important event for exporters and importers, which will take place in Johannesburg between June 24 and 28, and be organised by dmg Events. It will witness the participation of representative from the continent’s largest international trading partners including Brazil, China, the United States, Turkey and Germany.

“SAITEX has grown in its 24 years to become an event that attracts government officials, diplomats, importers, retail and business leaders from across Africa and the world,” said Christine Davidson, vice-president, dmg events, adding, “This new conference, The Trade Development Forum, has been introduced alongside SAITEX to meet the needs of those visitors wanting a chance for an exchange of ideas, to network and understand the challenges and solutions of trade as we move into the second decade of the 21st century.”

On the opening day, the Trade Development Forum will cover a range of issues including the Continental Free Trade Agreement (CFTA), Africa’s European Union (EU)-style single market plan. Wamkele Mene, chief director, Africa multilateral economic relations, International Trade and Economic Development Division, Department of Trade and Industry, will look at CFTA and forecast its impact on trade.

There are conference sessions on doing business in countries across Southern Africa, including Mozambique, Lesotho, Botswana and Swaziland as well as individual provinces in South Africa - Gauteng, Free State and Mpumalanga.

There are two key sessions on Day Two. One will look at finance options for small and micro enterprises (SMEs) and the second will deal with access to the newly-announced R4.9 billion government support for special economic zones (SEZs) over the next three years to be used in SEZs and industrial hubs to expand economic opportunities.

And a representative of the African Development Bank will present a special report at the conference giving the latest economic outlook for African trade. It will include an overview of the key trends, short and long-term infrastructure plans and discuss the importance of industrialisation in creating jobs, reducing poverty and promoting economic growth.

“Despite impressive growth towards the end of 2017, African countries struggle with challenges of poverty, unemployment, inequality, commodity dependence as well as attracting business and investment,” said Davidson, adding, “This session will offer not only insights, but also potential solutions guiding the way ahead.”

South Africa remains the gateway to Sub-Saharan Africa, and the SAITEX expo brings over 36 countries to exhibit and visitors from around the world for three days in Johannesburg.

The new conference will enable key business and government leaders from across the region to come together under one roof in front of delegates who will move African trade forward.
 
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