September 3, 2004
Posted to the web September 3, 2004
President Thabo Mbeki is expected to address a business seminar in the North West today, organised by South Africa and Brazil.
The South African-Brazil Business Seminar is themed "trade and investment partnership between South Africa and Brazil" and is aimed at exploring mutual areas for investment opportunities between the two countries.
It will be hosted by Trade and Industry Minister Mandisi Mphahlwa and will be attended by 150 of Brazil's most influential corporate leaders and key decision makers including the Minister of Industry, Development and Foreign Trade Luiz Fernanado Furlan.
South Africa and Brazil are currently playing an important role in the international trade relations.
The seminar is part of a five-day conference to showcase South Africa as a preferred country with which to do business
The conference is the ninth Meeting Empresarial of the LIDE Group of Business Leaders that comprises 414 chief executives of the most important companies in Brazil, which altogether contribute 35 percent of that country's Gross Domestic Product.
After the seminar a cocktail to induct Brazilian soccer legend Pele as a South African goodwill ambassador will be hosted by the International Marketing Council.
The culmination of the evening will be a gala dinner celebrating ten years of democracy, hosted by Arts and Culture Minister Dr Pallo Jordan.
North West Premier Edna Molewa is also expected to attend the event.