You are here: Home » News-IANS » Business-Economy
Business Standard

BRICS cooperatives to meet in South Africa

IANS  |  Johannesburg 

Cooperatives leaders from Brazil, Russia, India, China, and South Africa (BRICS)

will gather in South Africa later this month and explore business opportunities, the South African Department of Trade and Industry announced Wednesday.

The meeting will be hosted by South Africa's Department of Trade and Industry in partnership with South African National Apex Cooperative (SANACO) under the theme "Partnerships for Development, Integration and Industrialization through Cooperatives".

"Leaders of cooperative movements from BRICS will meet in Cape Town for the third BRICS Cooperatives meeting between Oct 26 to Oct. 27, 2013," reported Xinhua citing an official statement.

The forum aims to facilitate multilateral cooperation among cooperative movements in BRICS member states.

"The meeting will be the first to be held in South Africa, and we are not sparing any effort to ensure that the historic occasion does not only become a success but also produce positive spin-offs for our cooperatives," said Rob Davies, the South African minister for trade and industry.

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Thu, October 10 2013. 01:04 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU