Minister attends forum in London

0

Minister of International Relations and Cooperation Maite Nkoana-Mashabane has arrived in the United Kingdom to co-chair the 11th session of the South Africa – United Kingdom Bilateral Forum.

Minister Nkoana-Mashabane will chair the forum with the British Secretary of State for Foreign and Commonwealth Affairs, the Right Philip Hammond in London on Monday.

The Bilateral Forum seeks to enhance and strengthen political, global and economic relations between South Africa and the United Kingdom in various spheres.

During the Forum working groups will meet to discuss progress on the implementation of South Africa-UK Strategy which was signed in 2013.
The Working Groups comprise of foreign policy; economic; science and innovation as well as agriculture, water and environment.

Other groups include social and technical; education; defence; and migration and security.

“UK is the largest source of Foreign Direct Investments into South Africa, worth R772 billion. There are approximately 115 British companies active in South Africa and they have created close to 20 000 jobs in the period January 2008 to April 2014,” the Department of International Relations and Cooperation said.

The UK also remains the largest destination for South African exports in Europe, worth R37.6 billion. Imports from the UK into South Africa stood at R35.5 billion in 2014. Total trade increased by 13.7 percent from 2013 to 2014.

Minister Nkoana-Mashabane is leading a delegation of Ministers consisting of the Minister of Science and Technology Naledi Pandor, Minister of Environmental Affairs Edna Molewa, Minister of Small Business Lindiwe Zulu and Deputy Minister of Monitoring and Evaluation Buti Manamela.

Source: SAnews.gov.za

Share.

Comments are closed.