The Diplomatic Society

 
  • Increase font size
  • Default font size
  • Decrease font size

South Africa, Latin America, Caribbean form economic ties

 


25 June 2015

Pretoria - South Africa has realised that its historical ties with Latin America and Caribbean countries are predominantly political and it is time to harness trade and investment in the already existing relations.

Department of International Relations and Cooperation (DIRCO) Deputy Minister Luwellyn Landers hosted Heads of Missions from the Group of Latin American and Caribbean (GRULAC) in a discussion forum, in Pretoria.

The aim was to discuss how the countries can mutually benefit from each other.

The Deputy Minister envisaged in his opening remarks that the meeting will lay a strong foundation that will boost the South African economy in the future. The meeting was the first of its kind in terms of discussing economic opportunities.

During the forum, Ambassadors, High Commissioners and/or their representatives from various countries, academia and officials from DIRCO presented their interests and shared ideas on how trade and investment can develop among South Africa and other countries.

Following the discussions, DIRCO Deputy Director General for Europe and Americas, Yolisa Maya, said the main aim of the meeting was to highlight complementarities that South Africa has with GRULAC countries and work together in trading.

GRULAC countries represented in South Africa are Argentina, Brazil, Chile, Colombia, Cuba, Jamaica, Mexico, Panama, Paraguay, Peru, Surinam, Trinidad and Tobago, Uruguay, Dominican Republic, Guyana and Venezuela.

Maya said the basket of goods coming from South Africa and these countries, especially Latin America are quite similar, and that makes them not only friends but competitors.

“We need to form complementarities so that we can work together. They [Latin America and Caribbean] are big in mining, social programmes, rural development, youth programmes and servicing previously disadvantaged communities,” she said.

She said the drivers, who will implement what was discussed in the meeting, are business sector and entities, and that DIRCO will also organise an interdepartmental meeting with relevant departments which are responsible for government programmes relating to economy, trade and investment, and youth amongst others.

“We are now going to put our outcomes document together and analyse it. As a multi-sectoral government, we will engage our sister departments who will help go beyond forming relations with countries from abroad,” she said.

She said at a later stage, civil society and youth will also be brought on board. She said GRULAC will develop the meeting into an annual event as of next year.

- SAnews.gov.za

 


 
 
 
 
 
 
 
_________________________________________________

August 2017 Edition

 
 
_________________________________________________

Translater


 
 
 
 
 
 
 
 
 

Doing Business in Sri Lanka The High Commission of Sri Lanka in Pretoria in partnership with the Johannesburg Chamber of Commerce and Industry (JCCI) organized a trade and investment promotion... <|> Daesh defeated Daesh, the extremist group that occupied the city of Mosul in Iraq has been defeated, said Ambassador Dr Saad Jawad Kindeel of Iraq to South Africa at a press conference held at the... <|> 65th National Day of the Arab Republic of Egypt 4 August 2017 H.E. Ambassador Sherif Issa and Madame Dina Zeidan hosted a reception on the occasion of the 65th National Day of the Arab Republic of... <|> Vietnam Cuisine Week Ambassador Vu Van Dzung of Vietnam in South Africa hosted the opening of the Vietnam Cuisine Week at Saigon Restaurant in Rivonia, Johannesburg. The Embassy of Vietnam is... <|> Easing travel regulations between South Africa and Kenya 3 May 2016 South Africa and Kenya have announced measures that will make travelling between the two countries easier. South African Home... <|> The story of Diamond Lakes and the legendary Pienaar’s Pothole The story of Diamond Lakes and the legendary Pienaar’s Pothole is what intrigued Dr Navin Naidoo to go into the world of Diamonds... <|> The United Nations stands with South Africa’s women 9 August 2017 Pretoria, South Africa: The United Nations in South Africa extends its warm wishes to the women of South Africa on the... <|> UAE Embassy Women's Day initiative The staff at the Embassy of the United Arab Emirates in South Africa visited the Youth for Survival shelter on Women's Day and donated goods. The donation included... <|> H.E. Ambassador-Designate Lin Songtian arrives in SA Speaking to the press upon his arrival at O.R Tambo International Airport, Johannesburg, Ambassador–Designate Lin Songtian said he is back in... <|> Independence Day of Bolivia 6 August 2017 Bolivia signed its declaration of independence on August 6, 1825 and marked the first Independence Day for Bolivia. On Sunday, the Bolivian community... <|>
© copyright 2011-2017| The Diplomatic Society| All Rights Reserved.