A XII meeting of joint intergovernmental committee on trade and economic cooperation between Russia and South Africa

14 November 2014
A XII meeting of joint intergovernmental committee on trade and economic cooperation between Russia and South Africa was held in Pretoria from 5th to 7th of November 2014. The committee was chaired by the minister of natural resources and ecology S. Donskoy on the Russian side and minister of international relations M. Nkoana-Mashabane on South African side.

The co-chairmen were pleased to note the significant progress since the XI session of the committee, held in Moscow, and stressed the importance of continuing the work on the bringing the decisions of the previous meeting to life.

This year representatives of South Africa and Russia have discussed a number of issues, related to international cooperation in trade and investment spheres, aviation, mechanical engineering and also in mineral resources sphere, in particular, co-chairmen agreed to explore the possibility of the application of innovative technologies to enhance the competitiveness of mining industry on a global level.

Co-chairmen also noted the interest of VIST Group company in participation in FMS deployment projects in South Africa. VIST Group, a leader of Russian FMS market is able to offer South African companies a variety of innovative solutions for productivity and effectivity increase of open pit mining.