Deputy Minister Pahad to hold Discussions with Venezuelan Counterpart
- Deputy Foreign Minister Aziz Pahad will hold bilateral political and economic
discussions with his Venezuelan counterpart Vice Foreign Minister Professor Reinaldo
Bolivar at the Union Buildings on Thursday 23 November 2006.
Pahad will hold discussions with his Venezuelan counterpart within the context
of South Africa's commitment to promote South-South co-operation and support for
the developmental agenda of the South.
Issues on the agenda of discussions
between Deputy Minister Pahad and Vice Minister Bolivar are expected to include,
- The status of bilateral political and economic relations
between both countries;
- Developments within Latin America and the SADC
Other issues of mutual interest including South Africa¡¯s
tenure as a Non-Permanent member of the United Nations Security Council.
in South Africa Vice Minister Bolivar will also meet with representatives of South
African Institute for International Affairs (SAIIA), visit the Kloof Mine and
Living Gold, Apartheid Museum and Hector Peterson Memorial.
Bolivar is expected to depart South Africa on Sunday 26 November 2006.
In January 2006, Gold Fields purchased a Canadian-owned
mining company, Bolivar Gold, which had operations in the Venezuelan province
of Bolivar. A representative of Gold Fields, the Venezuelan Country Manager, is
now permanently based in Caracas.
Other areas in which South African
exporters have shown an interest in the Venezuelan market include: prefabricated
housing, and pre-paid electricity meters. With regard to the latter, 300 South
African meters have been installed in a Caracas township. The opportunity now
exists for further expansion in this regard. The Venezuelan company African Terroir
has, since 2003, been importing South African wine which is available in most
South African exports to Venezuela consisted mainly
of Ferro-vanadium and related products, followed by liqueurs. South African imports
from Venezuela consists mainly of oil.
SA Rands in millions (DTI) March 2006
Issued by Ronnie Mamoepa on 082 990 4853
of Foreign Affairs
Private Bag X152