International Trade Minister Emma Bonino will lead a 120-strong Italian delegation at a business forum to discuss bilateral trade between South Africa and Italy in Cape Town on July 11.

Since the signing of a Memorandum of Understanding in Pretoria in 2003, record levels of trade have taken place between the two countries, reaching approximately R23 billion ($3.3 billion) in 2006. And, although minerals and metals are South Africa’s main export products for Italy, other items, such as textile fibres and finished leather exports are rapidly increasing.

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