Inside Politics Reporter
President Cyril Ramaphosa says the two-day official working visit by German chancellor Angela Merkel on Thursday will strengthen bilateral relationship between the two countries and yield greater trade and investment opportunities.
“Germany is an important partner of South Africa: politically, socially and economically,” said Ramaphosa.
“Germany is our largest trading partner in Europe.”
Ramaphosa said in November last year German companies pledged nearly R11 billion in investments from mainly the automotive and manufacturing sectors.
“As the incoming Chair of the African Union, South Africa has prioritised the acceleration of economic development through the forging of private sector investment partnerships,” said Ramaphosa.
“These present investment opportunities for German companies.”
Merkel, one of the most powerful leaders in Europe, arrived in South Africa on Thursday amid rebellion at home after hard-right Alternative for Germany helped install a local politician as minister president, triggering nationwide demonstrations and political chaos
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