Minister Dlamini Zuma to Host Colombian Counterpart, Foreign Minister Carolina Barco

Pretoria - South African Foreign Minister Dr Nkosazana Dlamini Zuma will host her Colombian counterpart Foreign Minister Carolina Barco for bilateral political and economic discussions at the Presidential Guesthouse in Pretoria on Monday, 19 June 2006.

The visit to South Africa by Foreign Minister Barco comes within the context of the need to consolidate and strengthen bilateral political and economic relations between South African and Colombia.

In this regard, issues on the agenda of discussions between Minister Dlamini Zuma and Barco are expected to include, among others:

  • The status of bilateral political and economic discussions between both countries;
  • The exchange of business delegations between both countries with a view to investigating business opportunities and increasing foreign direct investment;
  • A briefing on conflict resolution and peacekeeping in Africa; and
  • A briefing by Minister Barco regarding developments in the region.

While in South Africa Minister Barco will also hold discussions with representatives from the Institute for Justice and Reconciliation, the Parliamentary Committee on Foreign Relations, address the South African Institute of International Affairs and UNISA, and meet with Latin American Ambassadors resident in South Africa.

Minister Barco will depart South Africa on Monday, 3 July 2006.

Bilateral Economic Relations

In terms of bilateral trade, South Africa and Colombia have traditionally registered a constant flow of economic activity, with South Africa maintaining a favourable positive balance.

In July 2005, SABMiller purchased Grupo Empresarial Bavaria, the Colombian brewer, in a deal worth US$8 billion, thus joining Anglo American as South African companies active in Colombia. Anglo Coal operates an open pit coal mine in the region of La Guarija. AngloGold Ashanti announced on 4 June 2006 that it has formed a joint venture company with the Toronto-listed Bema Gold company, to explore for gold in Colombia.

South African Exports to Colombia:

2005: R250 665 000
2004: R255 427 000
2003: R323 595 000

South African Imports from Colombia:

2005: R195 372 000
2004: R209 731 000
2003: R104 392 000


Issued by Ronnie Mamoepa on 082 990 4853

Department of Foreign Affairs
Private Bag X152
Pretoria
0001

18 June 2006

Quick Links

Disclaimer | Contact Us | HomeLast Updated: 18 June, 2006 12:14 PM
This site is best viewed using 800 x 600 resolution with Internet Explorer 5.0, Netscape Communicator 4.5 or higher.
© 2003 Department of Foreign Affairs, Republic of South Africa