I should also say that apart from the negotiations that are taking place within the WTO, we are ourselves involved in all manner of bilateral negotiations, or, if they are not bilateral, with the South African Customs Union and the European Union. All the member countries of the European Union have now ratified the agreement that we have with the EU and that opens up the EU market in various ways.

The matter of people being attracted to other countries is a permanent problem in my view, it doesn't only face South Africa. A whole lot of countries in the world are faced with this problem.

You need to be able to do that to market these possibilities to these specific investors who would be interested in a sector of that kind. It's what would be normally done by anybody with regard to attracting investment to particular sectors of the economy.

I must say, with regard to Equatorial Guinea, the Government of Equatorial Guinea, as soon as they had arrested these people, sent a delegation here to say they are going to charge them because they have got sufficient information to say these people were planning to remove the Government of Equatorial Guinea by force.

It is quite easy to understand what China would need from the African continent with regards to its own economy, raw materials, oil and a market for manufactured goods. As I say it is not difficulty to understand and perfectly legitimate. There is nothing wrong with that.

I think the critical point, really, is that we need to focus black economic empowerment more on the creation of new wealth rather than on these big deals that have been characteristic of this process in the past, of people going to banks, borrowing a lot of money, buying this and when the shares don't perform very well, the shares go back to the banks, because there's other people who own this anyway. I think we need to re-focus it so that it really does impact on growth, new investment, new employment and a general, better spread of wealth in South Africa.

The National Empowerment Fund we established some time back. And one of the challenges was to build a strong enough asset base for it to operate in a credible manner. And we believe that it can.