SA signs deals with Russia, Brazil finance institutions, BUSINESS DAY (Late Final)
SA signs deals with Russia, Brazil finance institutions, BUSINESS DAY (Late Final), Page 4
A NUMBER of Brics development finance institutions and companies, including several from SA, signed co-operation agreements yesterday, an indication that investment between the countries is likely to continue rising. SA's Industrial Development Corporation (IDC) signed agreements with partners from Russia and Brazil in Durban. Intra-Brics (Brazil, China, India, Russia and SA) trade is estimated at $360bn and is expected to grow to $500bn by 2015.
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