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by Business Day (Live) / Mark Allix

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Categories: Uncategorised

by Business Day (Live) / Mark Allix

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Ms Bishop was in South Africa as part of a five day visit that also took her to Madagascar and Mauritius.

She met South African International Relations and Co-operation Minister Maite Nkoana-Mashabane and local business leaders to discuss the G-20 Summit due to be held in Brisbane in November.

South Africa is the only African member of the G-20, of which Australia holds the presidency.

In February, G-20 finance ministers and central bank governors committed to raising the level of G-20 output by at least 2% in the next five years. This will boost global gross domestic product by more than $2-trillion.

G-20 strategies to lift world economic growth include finding ways to increase private sector involvement in infrastructure development and reduce barriers to trade.

Available: http://www.bdlive.co.za/economy/2014/09/14/australia-and-sa-ministers-meet-ahead-of-g-20-summit 

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