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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (42701)	11/13/2008 9:45:40 AM
From: elmatador	Read Replies (1) \| Respond to of 217813

IBSA sets $15bn trade target. India, Brazil and South Africa set themselves a target of increasing trade between the three countries to US$15-billion by 2010 - more than double the estimated current level of around $7-billion - at the third India, Brazil and South Africa (IBSA) summit in New Delhi this week. mathaba.net

To: Haim R. Branisteanu who wrote (42701)	11/13/2008 9:53:01 AM
From: elmatador	Read Replies (1) \| Respond to of 217813

IBSA formation could have enough clout to stand up to the European Union and the US, but it needs the help of emerging superpower China. Alternatively it should align with the BRIC (Brazil-Russia-India-China) group. ... ‘‘In terms of trade, this has increased, but very much in the favour of Brazil and India. Trade with these countries is seriously skewed in their favour,’’ according to White. He pointed out that South Africa has enjoyed some Indian investment and more recently Brazilian investment, but investment of South African origin in Brazil is still far more than Brazilian investment here. Brazilians are seeking markets in other African countries — notably Angola and Mozambique— instead. Bilateral trade between India and South Africa is worth around 2,3 billion dollars and trade between South Africa and Brazil accounts for about 1,3 billion dollars. bdafrica.com