South Africa - Russia, Trade and investment (By Sylodium Import-Export directory)

Russian investments in South Africa reached over US1billion, and South African investments in Russia reached over US75 million, Russia's embassy in South Africa, says bilateral trade in 2012 increased by 66.3 percent compared to 2011. In January this year, bilateral trade went up to 17.8 percent. Russia's trade with South Africa is going extremely well and the mutual investments were "massive", according to the embassy. A major defence co-operation agreement was the decision to refurbish all Russian-made helicopters operating in Africa. The deal was agreed to earlier this year with Denel Aviation, helicopters would be refurbished in South Africa, and this is great for job creation, according to International Relations Minister Maite Mashabane. Sylodium (international trade directory) you can advertise for free your company or your project, at the intersection of cities that you want, for example; Moscow (Russia) - Cape Town (South Africa) or any city around the World.