South Africa, Tanzania pledge to increase trade and investment

South Africa and Tanzania today deepened their historic relations with a pledge for increased trade and investment between the two countries. President Cyril Ramaphosa and his entourage were warmly welcomed by Tanzanian President John Magufuli during a state visit to DaresSalaam on Thursday where the two presidents concluded bilateral discussions and various sectoral agreements signed between the two governments to advance people-to-people relations, trade, investment, infrastructure development and energy co-operation. Ramaphosa, who is on his first official visit to the Tanzania since being elected in May, said the two governments would encourage their respective business communities to take full use of existing opportunities to increase trade and investment initiatives. He was invited by Magufuli.

source:nsemgh.com