Off the wire
Benin launches int'l petition to call for new UN organ to promote peace  • Spain's housing sales increase by 23.6 pct in May  • Spotlight: "Comfort women" still pain for world, shame on Japan  • 1st LD Writethru: Russia warns to deploy missile units in response to THAAD in S. Korea  • News Analysis: Social media plays big role as Zimbabweans stage job boycott  • Austrian president ends term, says Brexit "short-sighted"  • Bremen extend contract with Bartels  • Roundup: Dispalced people in S. Sudan wary of returning home  • Commentary: U.S. applies double standard under cover of int'l law  • Center-right junior partner in Italy's cabinet involved in alleged cronyism scandal  
You are here:   Home

S. African president pledges to promote ties with India

Xinhua, July 8, 2016 Adjust font size:

South African President Jacob Zuma pledged on Friday to promote bilateral ties with India in various fields.

Speaking in Pretoria after meeting with visiting Indian Prime Minister Narendra Modi, Zuma said the visit "has certainly further strengthened the already warm historical relations between the two countries, and has taken cooperation to a higher level".

The Indian leader arrived from Mozambique earlier in the day on a two-day official visit. He will also go to Kenya and Tanzania on a four-nation tour of the continent.

"Our countries enjoy strong relations and cooperation in social, economic, political and global cooperation," Zuma said, adding that the visit enables the two countries to further enhance trade, investment and commercial relations.

India is South Africa's sixth largest trade partner, with trade in 2015 standing at almost 95 billion rand (about 6.6 billion U.S. dollars). Trade with India represented 4.9 percent of South Africa's imports and 4.1 percent of exports last year.

While the trade surplus is in favour of India, efforts are underway to promote South African exports of especially value added products.

"We are looking to increase and diversify South African exports to India. We have identified new areas for market access including the defence, deep mining, renewable Energy and health sectors," Zuma said.

Zuma identified future sectors for possible cooperation which include agro-processing, pharmaceuticals, mining, water and waste management, retail, financing and infrastructure development.

Zuma also said his country will continue to work closely with India on the reform of the United Nations and its organs, specifically the Security Council, as well as the international financial institutions. Enditem