SOUTH AFRICAN TEAM AT WEF REACHES OUT TO INTERNATIONAL PARTNERS

DAVOS, The high-powered South African delegation attending the World Economic Forum meeting here this week is reaching out to the country’s international partners as part of efforts to position the country favourably to the rest of the world.

At the start of the meeting on Tuesday, South Africa held several interactions with partners in government and business as part of efforts to position the country favourably and also as part of building partnerships to address global issues.

The forum presents South Africa with various platforms to outline the country’s efforts to secure sustainable and inclusive economic growth; address governance weaknesses in the public and private sectors and to contribute positively to the development of solutions to global challenges, says the Presidency in a statement issued in Pretoria.

It added that the country continued to attract global interest in view of its position as a sophisticated, diverse and promising emerging market, as recently endorsed by Goldman Sachs Portfolio Strategy Research.

At the meeting in Davos-Klosters, Switzerland, Deputy President Cyril Ramaphosa and his Ministerial delegation have participated in a range of public forums and bilateral meetings to position South Africa’s attractiveness as an investment destination, trade partner and member of the international community.

Ramaphosa attended Tuesday’s opening plenary session of the Forum as well as a plenary discussion on the conference theme, “Creating a Shared Future in a Fractured World”. He also held meetings with President Paul Kagame of Rwanda; President JoAPound o Lourenco of Angola; Prime Minister Hassan Ali Khayre of Somalia; Deputy Prime Minister Tharman Shanmugaratnam of Singapore and Foreign Minister Mohammed bin Abdulrahman bin Jassim Al Thani of Qatar.

Ramaphosa also had a meeting with WEF Founder and Executive Director Professor Klaus Schwab and expressed South Africa’s appreciation for the WEF’s continued support for and commitment to the development of the African continent.

The Forum presents South Africa with various platforms to outline the country’s efforts to secure sustainable and inclusive economic growth; address governance weaknesses in the public and private sectors and to contribute positively to the development of solutions to global challenges.

In addition to positioning South Africa as a leading competitive and investment friendly destination that is open for business, government continued to utilise the WEF Davos 2018 platform to bring attention to the significant centenary celebrations of the iconic global leader and late South African President Nelson Rolihlahla Mandela.

The four-day meeting in the snow-covered city has brought together political, business and broader civil society leadership. The conference theme seeks to mobilise global leadership to develop responses to trends — including the rise of isolationism and extremism — which undermine efforts by the global community to foster openness, tolerance, integration and shared opportunity.

Source: NAM NEWS NETWORK