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/ 15 October 2007

Ibsa meeting likely to bolster trade ties

The leaders of emerging powerhouses South Africa, India and Brazil will meet in Pretoria this week to bolster trade and energy ties as well as flex their collective muscle on world affairs. All three countries see their alliance, known as Ibsa (India-Brazil-South Africa), as an opportunity to push the concerns of developing countries in the southern hemisphere.

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/ 5 October 2007

West Africa to miss EU trade partnership deadline

West Africa will miss a December 31 deadline to sign a new trade partnership with the European Union and hopes to keep its preferential commercial privileges for up to two years while it negotiates. Ministers from the Economic Community of West African States were meeting on Friday in Côte d’Ivoire to agree a common approach ahead of talks later this month with the EU.

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/ 6 September 2007

Mbeki: Automobile sector a leader in manufacturing

South Africa’s automobile industry was a leader in the government’s radical expansion of the manufacturing sector, President Thabo Mbeki said on Wednesday in stressing that it be encouraged and supported. It was self-evident that the automobile sector would play a significant role in ensuring the country achieved the higher rates of economic growth it needed.