We are in the process of negotiating an agreement with the United States. We will be negotiating agreements with India and China. We are in the process of negotiating an agreement with Mercosur, South America. So there are a number of these trade agreements in the major markets of the world.
Thabo Mbekiะกertainly to the extent that we talk about not just procurement in the sense of acquiring goods from the rest of the economy, even to the extent that it is possible to bring Black players in areas where we say we need to raise the capacity of these organisations to deliver services, it is a very important part.
Thabo MbekiWe raised the matter of an agreement that was reached at the Growth and Development Summit, which was that we should access a certain part, 5% was mentioned, of the funds in the hands of the institutional investors, domestically, for investment in the real economy. That being an agreement of the Growth and Development Summit, we will engage South African business to see how we can make that a practical thing. So, there is a different set of engagement with local business.
Thabo MbekiA number of African countries came to us and said, we request that South Africa should not field a candidate, because so many other African countries wanted to, and, in any case, South Africa would continue to play a role in terms of building the African Union, and so on. And they actually said, please don't field a candidate, and we didn't. As I have said, it is not because we didn't have people who are competent to serve in these positions.
Thabo Mbeki