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Tuesday, 19 July 2016

South Africa: MoU to improve fresh fruit trade with Italy

In order to promote mutual trade and investment opportunities in the fresh fruit sectors between South Africa and Italy, Fruit South Africa and the Associazione Italiana Commercio Estero (AICE), a non-profit entrepreneurial association, established in Milan, have signed a Memorandum of Understanding (MoU). AICE has over 70 years' experience working to promote business relations between Italy and the rest of the world. It represents Italian companies that are predominantly committed to commercial activities abroad such as trading, export, import, countertrade, buying-offices, export management as well as services activities related to small and medium enterprises. More than 50% of all agricultural exports from South Africa is fresh fruit and major export destinations include the EU, UK, Far East, Russia, Middle East, USA/Canada. The fruit industry contributes significantly to the South African economy with an annual turnover of more than R30 billion composed of exports, national (local) sales of fresh produce, fruit supplied for processing and fruit supplied for drying.

Source: georgeherald.com